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Author: LordXot Three stars, 500 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35362  
Subject: EMZ - liquidity now Date: 4/21/2011 12:14 PM
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Recommendations: 1
There are shares available around 24.66 of this newly issued mortgage bond. It's hard to find an A- rated utility issue like this under par and over 6%. Ex-div is close also for a small bonus...............Xot


From Q-Online
Entergy Mississippi, 6.00% Series First Mortgage Bonds due 5/1/2051
Ticker Symbol: EMZ CUSIP: 29364N835 Exchange: NYSE
Security Type: Exchange-Traded Debt Security

SECURITY DESCRIPTION: Entergy Mississippi Inc., 6.00% Series First Mortgage Bonds, due 5/1/2051, issued in $25 denominations, redeemable at the issuer's option on or after 5/1/2016 at $25 per bond plus accrued and unpaid interest, and maturing 11/01/2032. Distributions are paid quarterly on 2/1, 5/1, 8/1 & 11/1 to holders of record at the close of business on the day previous to the payment date (NOTE: the ex-dividend date is at least 2 business days prior to the record date). Distributions paid by these debt securities are interest and as such are NOT eligible for the 15% tax rate on dividends and are also NOT eligible for the dividend received deduction for corporate holders. The bonds are expected to trade flat, which means accrued interest will be reflected in the trading price and the purchasers will not pay and the sellers will not receive any accrued and unpaid interest. See the IPO prospectus for further information on the bonds by clicking on the ‘Link to IPO Prospectus’ provided below. Entergy Mississippi Inc. is a wholly-owned subsidiary of Entergy Corp. (NYSE: ETR).
Stock
Exchange Cpn Rate
Ann Amt LiqPref
CallPrice Call Date
Matur Date Moodys/S&P
Dated Distribution Dates 15%
Tax Rate
NYSE
Chart 6.00%
$1.5 $25.00
$25.00 5/01/2016
5/01/2051 Baa1 / A-
4/19/11 2/1, 5/1, 8/1 & 11/1
Click for MW ExDiv Date
Click for Yahoo ExDiv Date
No
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