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ARKANSAS POWER & LIGHT COMPANY PLANS FIRST MORTGAGE BOND REDEMPTION

 NEW ORLEANS, Nov. 19 ~PRNewswire~ -- Entergy Corporation (NYSE: ETR) today issued the following announcement on behalf of its Arkansas Power & Light Company (AP&L) subsidiary:
 AP&L announced today that on Dec. 21, it plans to redeem $25 million of the principal amount of its First Mortgage Bonds, 9-5~8 percent Series, due Aug. 1, 2000; $23.851 million of the principal amount of its First Mortgage Bonds, 10-1~4 percent Series, due July 1, 2016; and $25 million of the principal amount of its First Mortgage Bonds, 9-1~4 percent Series, due Dec. 1, 1999. AP&L plans to pay redemption prices of 102.63 percent, 107.03 percent, and 102.28 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 Dec. 21, 1992.
 -0- 11~19~92
 ~CONTACT: Media: Harry Wadsworth, 504-569-4160, or Analysts: Richard Strawn, 504-569-4360, both of Entergy~
 (ETR)


CO: Arkansas Power & Light Company; Entergy Corporation ST: Louisiana IN: OIL SU:

BR-BN -- AT010 -- 3060 11~19~92 15:52 EST
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Publication:PR Newswire
Date:Nov 19, 1992
Words:188
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