Entergy prices USD 1.5 billion junior subordinated debentures offering
ETR•Entergy prices $1.5 billion junior subordinated debentures
Entergy priced USD 1.5 billion of Junior Subordinated Debentures, split into USD 750 million due Dec. 15, 2056 and USD 750 million due Dec. 15, 2058.
Both series carry an initial 6.5% coupon, resetting to a five-year Treasury rate spread later with a 6.5% floor.
The 2056 series resets from Dec. 15, 2036; the 2058 series resets from Dec. 15, 2033.
The offering closed Aug. 7, 2026.
