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LP&L PLANS FIRST MORTGAGE BOND REDEMPTION

 LP&L PLANS FIRST MORTGAGE BOND REDEMPTION
 NEW ORLEANS, April 16 /PRNewswire/ -- Entergy Corporation


(NYSE: ETR) today issued the following announcement in behalf of its Louisiana Power & Light Company (LP&L) subsidiary:
 LP&L announced today that on May 20, it plans to redeem $20 million of the principal amount of its First Mortgage Bonds, 10-3/8 percent Series due on Nov. 1, 2016. LP&L plans to pay the redemption price of 107.32 percent of the principal amount thereof, together with accrued interest thereon to the redemption date.
 The redemption is subject to the necessary funds being deposited with the First Mortgage Trustee before the May 20 redemption date.
 -0- 4/16/92
 /CONTACT: Patrick Sweeney, 504-569-4160, or Richard Strawn, 504-569-4360, both of Entergy/
 (ETR) CO: Entergy Corporation; Louisiana Power & Light Company ST: Louisiana IN: UTI SU:


EA-BN -- AT016 -- 9321 04/16/92 12:51 EDT
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Apr 16, 1992
Words:148
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