Entergy Louisiana, a subsidiary of utility giant Entergy (ETR) has announced a new $1000 bond issue.
The company will be calling 2 $25 baby bond issues now outstanding. The 4.70% issue (ELU) which became callable in 2018 and the 5.25% issue (ELJ) which became callable in 2017.
ELU closed Friday at $25.49 and ELJ closed on Friday at $26.07.
Further details are not known yet.
3 thoughts on “Entergy Louisiana Comes a Calling”
did you ever get the ticker and coupon for this new entergy $1000 preferred?
Buy with a CUSIP not a ticker.
Better yet, buy something else.
absolutely – buy almost anything else