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AP&L PLANS FIRST MORTGAGE BOND REDEMPTION

 AP&L PLANS FIRST MORTGAGE BOND REDEMPTION
 NEW ORLEANS, Aug. 13 /PRNewswire/ -- Entergy Corporation (NYSE: ETR)


today issued the following announcement on behalf of its Arkansas Power & Light Company (AP&L) subsidiary:
 The board of directors of AP&L announced today that on Sept. 11, it plans to redeem $40 million of the principal amount of its First Mortgage Bonds, 10-1/8 percent Series, due July 1, 2005, and $75 million of the principal amount of its First Mortgage Bonds, the 9-7/8 percent Series due July 1, 2008. AP&L plans to pay redemption prices of 104.68 percent and 105.74 percent respectively, of the principal amounts thereof, together with accrued interest thereon to the date fixed for redemption.
 The redemption is subject to the necessary funds being deposited with the Corporate Trustee before Sept. 11.
 -0- 8/13/92
 /CONTACT: Media: Harry Wadsworth, 504-569-4177, or Investors: Richard Strawn, 504-569-4360, both of Entergy Corporation/
 (ETR) CO: Entergy Corporation; Arkansas Power & Light ST: Louisiana IN: UTI SU:


EA -- AT002 -- 9490 08/13/92 09:19 EDT
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Publication:PR Newswire
Date:Aug 13, 1992
Words:177
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