FWP 1 a02216.htm FWP FWP


Filed Pursuant to Rule 433
Registration No. 333-190911-05

Entergy New Orleans, Inc.
$110,000,000
First Mortgage Bonds,
5.50% Series due April 1, 2066
Final Terms and Conditions
March 15, 2016
Issuer:
 
Entergy New Orleans, Inc.
 
 
 
Security Type:
 
First Mortgage Bonds (SEC Registered)
 
 
 
Expected Ratings(1):
 
Baa2 (stable outlook) by Moody’s Investors Service
A- (positive outlook) by Standard & Poor’s Ratings Services
 
 
 
Trade Date:
 
March 15, 2016
 
 
 
Settlement Date (T+5):
 
March 22, 2016
 
 
 
Principal Amount:
 
$110,000,000
 
 
 
Interest Rate:
 
5.50%
 
 
 
Interest Payment Dates:
 
January 1, April 1, July 1 and October 1 of each year
 
 
 
First Interest Payment Date:
 
July 1, 2016
 
 
 
Final Maturity Date:
 
April 1, 2066
 
 
 




Optional Redemption Terms:
 
Callable at par at any time on or after April 1, 2021
 
 
 
Price:
 
$25.00 per bond
 
 
 
Net Proceeds Before Expenses:
 
$106,918,812.50
 
 
 
Expected Listing:
 
New York Stock Exchange
 
 
 
Joint Book-Running Managers:
 
Merrill Lynch, Pierce, Fenner & Smith
                      Incorporated
 
 
Morgan Stanley & Co. LLC
 
 
Wells Fargo Securities, LLC
 
 
 
Co-Manager:
 
Samuel A. Ramirez & Company, Inc.
 
 
 
CUSIP / ISIN:
 
29364P 103 / US29364P1030
 
 
 
_________________________ 
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 calling (i) Merrill Lynch, Pierce, Fenner & Smith Incorporated toll free at 1-800-294-1322, (ii) Morgan Stanley & Co. LLC toll free at 1-800-584-6837 or (iii) Wells Fargo Securities, LLC toll free at 1-800-645-3751.