EZT News

Moody's Investors Service ("Moody's") changed the rating outlook for Entergy Texas, Inc. (ETI, Baa3 Issuer Rating) to positive from stable and affirmed all ratings, based on a more constructive regulatory relationship in Texas. "Tested and supportive cost recovery through transmission and distribution riders will help support ETI's cash flow during the construction of a new power generation facility" said Ryan Wobbrock, Vice President -- Senior Credit Officer.

Moody's Investors Service ("Moody's") assigned a Ba2 rating to Entergy Texas, Inc.'s (ETI, Baa3 stable) Series A Cumulative Preferred Stock (the Preferred Stock). The outlook for ETI is stable. The Ba2 rating assigned to ETI's Preferred Stock reflects the security's relative position in the company's capital structure compared to its Issuer Rating, which represents ETI's ability to honor senior unsecured debt and other debt like obligations.