Press Release
Press Release
Press Contacts: Erik Cummins, Matt Hyams, Taina Rosa, Olivia Thomas
04.02.25
Pillsbury served as legal counsel to the underwriters on the recent public offering by Entergy Corporation, an integrated energy company engaged in electric power production, transmission and retail distribution operations, of 15,568,863 shares of its common stock.
In connection with the offering, Entergy entered into forward sale agreements with each of Morgan Stanley & Co. LLC, Bank of America, N.A., JPMorgan Chase Bank, National Association and Mizuho Markets Americas LLC (with Mizuho Securities USA LLC acting as agent) under which Entergy agreed to issue and sell to such forward counterparties an aggregate of 15,568,863 shares of its common stock. The aggregate public offering price for the shares sold in the offering was $1,300,000,060.50. Additionally, the underwriters exercised their option to purchase an additional 2,227,538 shares of Entergy common stock solely to cover over-allotments at the public offering price.
Morgan Stanley & Co. LLC, BofA Securities, Inc., J.P. Morgan Securities LLC, Mizuho Securities USA LLC, Barclays Capital Inc., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, Scotia Capital (USA) Inc., Wells Fargo Securities, LLC, BNP Paribas Securities Corp. and MUFG Securities Americas Inc. served as the underwriters.
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The Pillsbury deal team was led by Corporate partner Lexi Calcado and included Tax partner Harsha Reddy, Finance partner Victoria Judd and special counsel Amos Yoo and Corporate senior associate Alexandra Stephanos and senior law clerk Natalie Alexander.