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LP&L PLANS FIRST MORTGAGE BOND REDEMPTION

 LP&L PLANS FIRST MORTGAGE BOND REDEMPTION
 NEW ORLEANS, July 22 /PRNewswire/ -- Entergy Corporation (NYSE: ETR)


today issued the following announcement on behalf of its Louisiana Power & Light Company (LP&L) subsidiary:
 LP&L announced today that on Aug. 21, it plans to redeem $211 million of the principal amount of its First Mortgage Bonds, 10-3/8 percent Series, due on Nov. 1, 2016, and $58.205 million of the principal amount of its First Mortgage Bonds, 10 percent Series, due July 1, 2008. LP&L plans to pay redemption prices of 107.32 percent and 105.31 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 First Mortgage Trustee before Aug. 21.
 -0- 7/22/92
 /CONTACT: Media: Patrick Sweeney, 504-569-4160, or Investors: Richard Strawn, 504-569-4360, both of Entergy/
 (ETR) CO: Entergy Corporation; Louisiana Power & Light Company ST: Louisiana IN: SU:


EA-BN -- AT006 -- 1795 07/22/92 10:46 EDT
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Publication:PR Newswire
Date:Jul 22, 1992
Words:172
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