Free Writing Prospectus - Filing Under Securities Act Rules 163/433 (fwp)
March 10 2014 - 4:26PM
Edgar (US Regulatory)
Filed Pursuant to Rule 433
Registration No. 333-190911-02
Entergy Arkansas, Inc.
$375,000,000
First Mortgage Bonds,
3.70% Series due June 1, 2024
Final Terms and Conditions
March 10, 2014
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Issuer:
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Entergy Arkansas, Inc.
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Security Type:
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First Mortgage Bonds (SEC Registered)
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Expected Ratings
(1)
:
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A3 (stable
outlook) by Moody’s Investors Service
A- (stable
outlook) by Standard & Poor’s Ratings Services
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Trade Date:
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March 10, 2014
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Settlement Date (T+4):
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March 14, 2014
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Principal Amount:
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$375
,000,000
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Coupon:
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3.70%
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Interest Payment Dates:
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June 1 and December 1 of each year
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First Interest Payment Date:
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June 1, 2014
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Maturity Date:
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June 1, 2024
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Optional Redemption Terms:
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Make-whole call at any time prior to March 1, 2024 at a discount rate of Treasury plus 15 bps and, thereafter, at par
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Benchmark Treasury:
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2.75% due February 15, 2024
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Spread to Benchmark Treasury:
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+93 bps
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Treasury Price / Yield:
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99-24 / 2.779%
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Yield to Maturity:
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3.709%
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Price to Public:
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99.928%
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Net Proceeds Before Expenses:
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$372,292,500
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Joint Book-Running Managers:
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Mitsubishi UFJ Securities (USA), Inc.
Wells Fargo Securities, LLC
BNY Mellon Capital Markets, LLC
CIBC World Markets Corp.
Stephens Inc.
SunTrust Robinson Humphrey, Inc.
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Co-Managers:
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U.S. Bancorp Investments, Inc.
The Williams Capital Group, L.P.
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CUSIP / ISIN:
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29364D AS9/ US29364DAS99
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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.
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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
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Alternatively, a copy of the prospectus for the offering can be obtained by calling (i) Mitsubishi UFJ Securities (USA), Inc. at 1-877-649-6848 or (ii) Wells Fargo Securities, LLC at 1-800-326-5897.
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