FWP 1 a05513.htm a05513.htm
 
 
 
 
Filed Pursuant to Rule 433
Registration No. 333-169315-01


Entergy Louisiana, LLC
 
$325,000,000
 
First Mortgage Bonds,
 
4.05% Series due September 1, 2023
 
Final Terms and Conditions
 
August 19, 2013
 
Issuer:                                                 
  
Entergy Louisiana, LLC
     
Security Type:                                                 
  
First Mortgage Bonds (SEC Registered)
     
Expected Ratings(1):                                                 
  
A3 (stable outlook) by Moody’s Investors Service
A- (stable outlook) by Standard & Poor’s Ratings Services
     
Trade Date:                                                 
  
August 19, 2013
     
Settlement Date (T+4):                                                 
  
August 23, 2013
     
Principal Amount:                                                 
  
$325,000,000
     
Coupon:                                                 
  
4.05%
     
Coupon Payment Dates:                                                 
  
March 1 and September 1 of each year
     
First Payment Date:                                                 
  
March 1, 2014
     
Final Maturity Date:                                                 
  
September 1, 2023
     
Optional Redemption Terms:
  
Make-whole call at any time prior to June 1, 2023 at a discount rate of Treasury plus 20 bps and, thereafter, at par
     
UST Benchmark:                                                 
  
2.50% due August 15, 2023
     
Spread to UST Benchmark:                                                 
  
+120 bps
     
Treasury Price:                                                 
  
96-21
     
Treasury Yield:                                                 
  
2.888%
     
Re-offer Yield:                                                 
  
4.088%
     
Issue Price to Public:                                                 
  
99.689%
     
Net Proceeds Before Expenses:
  
$321,876,750
     
Joint Book-Running Managers:
  
BNP Paribas Securities Corp.
   
Citigroup Global Markets Inc.
   
Mitsubishi UFJ Securities (USA), Inc.
   
Mizuho Securities USA Inc.
     
Co-Managers:                                                 
  
Regions Securities LLC
   
Scotia Capital (USA) Inc.
   
SMBC Nikko Securities America, Inc.
     
CUSIP / ISIN:                                                 
  
29364W AS7 / US29364WAS70
     
 
_________________________ 
 
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) BNP Paribas Securities Corp. toll free at 1-800-854-5674, (ii) Citigroup Global Markets Inc. toll free at 1-800-831-9146, (iii) Mitsubishi UFJ Securities (USA), Inc. toll free at 1-877-649-6848 or (iv) Mizuho Securities USA Inc. toll free at 1-866-271-7403.