UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)

November 919, 2021

Entergy New Orleans, LLC

(Exact name of registrant as specified in its charter)

Texas

1-35747

82-2212934

(State or other jurisdictionof incorporation)

(CommissionFile Number)

(IRS EmployerIdentification No.)

1600 Perdido Street, New Orleans, Louisiana

70112

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code

(504) 670-3700

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of Class	Trading Symbol	Name of Each Exchange on Which Registered

Mortgage Bonds, 5.0% Series due December 2052	ENJ	New York Stock Exchange
Mortgage Bonds, 5.50% Series due April 2066	ENO	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

On November 919, 2021, Entergy New Orleans, LLC (the “Company”) issued and sold (i) $90,000,000 asaggregate ~~borrower~~principal amount of its First Mortgage Bonds, ~~entered~~4.19% ~~into~~Series andue ~~amended~~November ~~and~~19, ~~restated~~2031 ~~term~~(the ~~loan~~“Bonds ~~credit~~of ~~agreement~~the ~~dated~~Twenty-seventh asSeries”) and (ii) $70,000,000 aggregate principal amount of its First Mortgage Bonds, 4.51% Series due November 919, ~~2021~~2036 (the “~~Credit~~Bonds ~~Agreement~~of the Twenty-eighth Series” and, together with the Bonds of the Twenty-seventh Series, the “Bonds”), byto certain institutional investors pursuant to a Bond Purchase Agreement in reliance on an exemption from registration under Section 4(a)(2) of the Securities Act of 1933, as amended. The Bonds were issued pursuant to the Mortgage and ~~among~~Deed of Trust, dated as of May 1, 1987, from the Company to The Bank of New York Mellon, ~~the~~as ~~lenders~~trustee, ~~party~~as ~~thereto~~amended and ~~Bank~~supplemented (the “Mortgage”), including by the Twenty-fourth Supplemental Indenture dated as of ~~America~~November 1, N2021 (the “Supplemental Indenture”).A The Bonds of the Twenty-seventh Series bear interest at the rate of 4.19 percent per annum, aspayable ~~Administrative~~semi-annually ~~Agent~~on May 19 and November 19 each year, commencing May 19, 2022, and mature on November 19, 2031. The ~~Credit~~Bonds ~~Agreement~~of ~~provided~~the ~~Entergy~~Twenty-seventh ~~New~~Series ~~Orleans~~are ~~with~~subject ato ~~$70~~redemption ~~million~~prior ~~unsecured~~to ~~term~~maturity ~~loan~~at (the ~~“Term~~option ~~Loan~~of the Company, in whole or in part, at a redemption price equal to the principal amount thereof plus a “make-whole”) ~~which~~premium ~~matures~~and plus accrued interest, until August 19, 2031, and ison and after that date, at 100% of the principal amount thereof plus accrued interest. The Bonds of the Twenty-eighth Series bear interest at the rate of 4.51 percent per annum, payable semi-annually on May 3119 and November 19 each year, ~~2023~~commencing May 19, 2022, and mature on November 19, 2036. The ~~Term~~Bonds ~~Loan~~of ~~may~~the beTwenty-eighth ~~prepaid~~Series byare subject to redemption prior to maturity at the option of the Company, ~~with~~in whole or in part, at a ~~prepayment~~redemption price equal to the principal amount thereof plus a “make-whole” premium and plus accrued interest, until August 19, 2036, and on and after that date, at 100% of the principal amount thereof plus accrued interest.

The ~~Credit~~descriptions ~~Agreement~~set ~~contains~~forth ~~certain~~above ~~customary~~are ~~covenants,~~qualified ~~including~~in ~~restrictions~~their onentirety ~~the~~by ~~Company~~reference ~~pledging~~to ~~its~~the ~~assets~~Supplemental ~~and~~Indenture onfiled ~~certain~~as ~~asset~~Exhibit ~~sales. It also contains~~ 4(a) ~~covenant that requires the Company~~ to ~~maintain~~this aCurrent ~~consolidated~~Report ~~debt ratio of 65% or less of its total capitalization. The Term Loan bears interest at a fixed interest rate of 2.50% per annum payable quarterly~~ on ~~the~~Form ~~last~~8-K ~~day of each of March, June, September~~ and December and an up-front fee based on the amount of the Term Loan. The Company’s obligations under the Credit Agreement may be accelerated upon an event of default, which includes non-payment of principal or interest, breach of representation or warranty, breach of covenant, cross-default, bankruptcy, material judgments, certain ERISA events, the occurrence of a change of control with respect to the ~~Company~~Mortgage ~~where~~filed ~~Entergy~~as ~~Corporation~~Exhibit 4(~~“Entergy”~~f)1 ~~ceases~~ to ~~own 80% directly or indirectly all of~~ the Company’s ~~common~~Form ~~equity,~~10-K ~~and~~for the ~~occurrence~~year ofended aDecember ~~change~~31, ~~of control with respect to Entergy~~2020.

The foregoing description of the Credit Agreement does not purport to be complete and is qualified in its entirety be reference to the Credit Agreement filed as Exhibit 4(a) to this Current Report on Form 8-K.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.			Description of Exhibit
4(a)			~~Amended~~Twenty-fourth ~~and~~Supplemental ~~Restated~~Indenture ~~Term Loan Credit Agreement~~ dated as of November 91, 2021, byto ~~and~~the ~~among~~Company’s ~~Entergy~~Mortgage ~~New~~and ~~Orleans,~~Deed ~~LLC,~~of ~~the~~Trust ~~Lenders~~dated ~~party~~as ~~thereto and Bank~~ of ~~America~~May 1, ~~N.A.~~1987, asestablishing ~~Administrative~~the ~~Agent~~terms of the Bonds.
104			Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			Entergy New Orleans, LLC
			(Registrant)
Date: November 10, 2021
Date: November 19, 2021
			/s/ Steven C. McNeal
			(Signature)Steven C. McNealVice President and Treasurer

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