0000065984-20-000231.txt : 20200824 0000065984-20-000231.hdr.sgml : 20200824 20200824155628 ACCESSION NUMBER: 0000065984-20-000231 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20200824 DATE AS OF CHANGE: 20200824 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ENTERGY CORP /DE/ CENTRAL INDEX KEY: 0000065984 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 721229752 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-233403 FILM NUMBER: 201127849 BUSINESS ADDRESS: STREET 1: 639 LOYOLA AVE CITY: NEW ORLEANS STATE: LA ZIP: 70113 BUSINESS PHONE: 504-576-4000 MAIL ADDRESS: STREET 1: PO BOX 61000 CITY: NEW ORLEANS STATE: LA ZIP: 70161 FORMER COMPANY: FORMER CONFORMED NAME: ENTERGY CORP /FL/ DATE OF NAME CHANGE: 19940329 FORMER COMPANY: FORMER CONFORMED NAME: ENTERGY GSU HOLDINGS INC /DE/ DATE OF NAME CHANGE: 19940329 FORMER COMPANY: FORMER CONFORMED NAME: MIDDLE SOUTH UTILITIES INC DATE OF NAME CHANGE: 19890521 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ENTERGY CORP /DE/ CENTRAL INDEX KEY: 0000065984 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 721229752 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 639 LOYOLA AVE CITY: NEW ORLEANS STATE: LA ZIP: 70113 BUSINESS PHONE: 504-576-4000 MAIL ADDRESS: STREET 1: PO BOX 61000 CITY: NEW ORLEANS STATE: LA ZIP: 70161 FORMER COMPANY: FORMER CONFORMED NAME: ENTERGY CORP /FL/ DATE OF NAME CHANGE: 19940329 FORMER COMPANY: FORMER CONFORMED NAME: ENTERGY GSU HOLDINGS INC /DE/ DATE OF NAME CHANGE: 19940329 FORMER COMPANY: FORMER CONFORMED NAME: MIDDLE SOUTH UTILITIES INC DATE OF NAME CHANGE: 19890521 FWP 1 a05420.htm FWP Document


Filed Pursuant to Rule 433
Registration No. 333-233403


Entergy Corporation
$800,000,000
0.90% Senior Notes due September 15, 2025
Final Terms and Conditions
August 24, 2020
Issuer:
 
Entergy Corporation
 
 
 
Security Type:
 
Senior Notes (SEC Registered)
 
 
 
Expected Ratings(1):
 
Baa2 (stable outlook) by Moody’s Investors Service
BBB (stable outlook) by S&P Global Ratings
 
 
 
Trade Date:
 
August 24, 2020
 
 
 
Settlement Date (T+2):
 
August 26, 2020
 
 
 
Principal Amount:
 
$800,000,000
 
 
 
Interest Rate:
 
0.90%
 
 
 
Interest Payment Dates:
 
March 15 and September 15 of each year
 
 
 
First Interest Payment Date:
 
March 15, 2021
 
 
 
Final Maturity Date:
 
September 15, 2025
 
 
 
Optional Redemption Terms:
 
Make-whole call at any time prior to August 15, 2025 at a discount rate of Treasury plus 12.5 bps and, thereafter, at par
 
 
 
Benchmark Treasury:
 
0.25% due July 31, 2025
 
 
 
Spread to Benchmark Treasury:
 
+70 bps
 
 
 
Benchmark Treasury Price:
 
99-27 ¼
 
 
 
Benchmark Treasury Yield:
 
0.280%
 
 
 
Re-offer Yield:
 
0.980%
 
 
 
Price to Public:
 
99.606%




 
 
 
Net Proceeds Before Expenses:
 
$792,048,000
 
 
 
CUSIP / ISIN:
 
29364G AM5 / US29364GAM50
 
 
 
Joint Book-Running Managers:
 
Barclays Capital Inc.
 
 
BofA Securities, Inc.
 
 
Citigroup Global Markets Inc.
 
 
Morgan Stanley & Co. LLC
 
 
MUFG Securities Americas Inc.
 
 
Wells Fargo Securities, LLC
___________________________
1 A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov.
Alternatively, a copy of the prospectus for the offering can be obtained by contacting (i) Barclays Capital Inc. toll-free at 1-888-603-5847, (ii) BofA Securities, Inc. toll-free at 1-800-294-1322 or by email at dg.prospectus_requests@bofa.com, (iii) Citigroup Global Markets Inc. toll-free at 1-800-831-9146, (iv) Morgan Stanley & Co. LLC toll-free at 1-866-718-1649, (v) MUFG Securities Americas Inc. toll-free at 1-877-649-6848 and (vi) Wells Fargo Securities, LLC toll-free at 1-800-645-3751.