NEW ORLEANS, Oct. 8 /PRNewswire-FirstCall/ -- Entergy
Arkansas, Inc. announced today that on Nov.
8, 2010 (the "Redemption Date"), it will redeem all
$100,000,000 principal amount of its
outstanding First Mortgage Bonds, 6% Series due Nov. 1, 2032, (the "6% Series Bonds") and
$100,000,000 principal amount of its
outstanding First Mortgage Bonds, 6.70% Series due April 1, 2032, (the "6.70% Series Bonds," and
together with the 6% Series Bonds, the "Bonds") in each case, at
the redemption price of 100 percent of the respective principal
amount thereof (the "Redemption Price") plus accrued interest on
the respective series to but excluding the Redemption Date.
The 6% Series Bonds are listed on the New York Stock Exchange
and trade under the symbol EHB (NYSE: EHB); and the 6.70% Series
Bonds are listed on the New York Stock Exchange and trade under the
symbol EHA (NYSE: EHA).
On the Redemption Date, the Redemption Price, together with
accrued interest to but excluding the Redemption Date, shall become
due and payable on each Bond, and on and after the Redemption Date,
the Bonds shall cease to bear interest. Payment of the
Redemption Price and accrued interest will be made on or after the
Redemption Date upon presentation and surrender of the Bonds to
Deutsche Bank Trust Company Americas.
Entergy Corporation is an integrated energy company engaged
primarily in electric power production and retail distribution
operations. Entergy owns and operates power plants with
approximately 30,000 megawatts of electric generating capacity, and
it is the second-largest nuclear generator in the United States. Entergy delivers
electricity to 2.7 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of
more than $10 billion and more than
15,000 employees.
Entergy's online address is entergy.com
SOURCE Entergy Corporation
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