$ETI-P·8-K

ENTERGY TEXAS, INC. · May 14, 10:46 AM ET

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ENTERGY TEXAS, INC. 8-K

Research Summary

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Updated

Entergy Texas, Inc. Announces $425M Bond Offering

What Happened

  • Entergy Texas, Inc. filed an 8-K reporting it entered into an Underwriting Agreement on May 11, 2026 and closed the sale on May 14, 2026 of $425,000,000 aggregate principal amount of First Mortgage Bonds, 5.20% Series due June 15, 2036. The Bonds were offered under the company’s Form S-3 registration statement (File No. 333-289302-01), which was effective on filing.

Key Details

  • Aggregate principal: $425,000,000
  • Coupon: 5.20% fixed interest rate
  • Maturity date: June 15, 2036
  • Underwriting agreement date: May 11, 2026; closing date: May 14, 2026

Why It Matters

  • The transaction increases ETI’s long-term fixed-rate debt by $425 million, which affects the company’s capital structure and future interest expense. Investors should note this financing activity when assessing leverage, interest coverage and liquidity; the filing does not specify the use of proceeds.

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