Featured Articles

Entergy Corp (NYSE:ETR), one the country's largest electric power production utilities has come to market in a major way in the last week with “baby bond” offerings from 2 of their subsidiaries. Entergy Arkansas Inc. has sold a $25/bond issue at a coupon that reflects the quality of the offering as well as the rock bottom coupon market we currently…

Date Issued   8/10/2016 Shares Issued  16,400,000   Overallotment Shares  None S&P Rating   A   Moodys Rating   A2 Security Ticker Symbol   EAI Market Traded ON   NYSE Interest Payment Paid on the 1st of March, June, September and December beginning on 12/1/2016 Quarterly Interest  .305   Annual Interest   1.219 Securities may be redeemed, at the issuers option, as early as 09/01/2021 for a redemption price of $25/share plus…

Date Issued   8/10/2016 Shares Issued  10,800,000   Overallotment Shares  None Security Ticker Symbol   ELC Market Traded ON   NYSE Interest Payment Paid on the 1st of March, June, September and December beginning on 12/1/2016 Quarterly Interest  .305   Annual Interest   1.219 Securities may be redeemed, at the issuers option, as early as 09/01/2021 for a redemption price of $25/share plus accrued interest Interest Payment will NOT…

Various divisions of energy giant Entergy (NYSE:ETR) moved into the markets in a major way in the last week floating 100's of millions of dollars worth of new low coupon "baby bonds" in a giant refinancing move. At this moment (Wednesday evening) here is the run down as filed with the SEC. Entergy Arkansas has sold $410 million in 4.875%…

Qwest Corporation, a division of CenturyLink (NYSE:CTL), has sold a new note issue with a 6.5% coupon.  This large issue of nearly 39.1 million shares (proceeds of near $1 billion which includes the overallotment allocation) will be used to refund the 7.50% notes (NYSE:CTW) and most of the 7.375% notes (NYSE:CTQ) that Qwest currently has outstanding. Qwest has had a…