Entergy Unit To Sell Bonds
By:
DailyMarkets.com
Posted on July 11, 2011 at 14:05 PM EDT
Integrated energy company Entergy Corporation (NYSE:ETR) announced that its unit Entergy Louisiana, LLC will sell $206 million bonds through an underwritten public offering. The company intends to utilize the proceeds to reimburse its previously incurred investment recovery costs. Entergy Corporation’s long-term debts as of March 31, 2011 were $11.6 billion, slightly exceeding debt levels as [...]
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