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Mountcliff Funding LLC -- Moody's ABCP activity ending 18 September 2020

Moody's ·  Sep 18, 2020 20:49

Entergy Corporation's subsidiaries have amended their existing River Fuel commercial paper programs -- River Fuel Trust #1, River Fuel Company #2, Inc., and River Fuel Funding Company #3, Inc. (together, River Fuel programs). The programs are structured as revolving credit facilities and the commercial paper notes issued by the programs are supported by irrevocable, direct-pay letters of credit (LOC) provided by Prime-1(cr) Bank of Nova Scotia (BNS). The LOCs will continue to ensure the timely and complete payment of commercial paper notes at maturity.

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