ARKANSAS POWER & LIGHT CO
35-CERT, 1995-08-01
ELECTRIC SERVICES
Previous: AMERICAN INTERNATIONAL GROUP INC, POS AM, 1995-08-01
Next: BASIC EARTH SCIENCE SYSTEMS INC, DEF 14A, 1995-08-01



                                
UNITED STATES OF AMERICA
BEFORE THE SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.


--------------------------------------
                                      :
                                      :
In the Matter of                      :
                                      :
ARKANSAS POWER & LIGHT COMPANY        :
ENTERGY CORPORATION                   :
ENTERGY SERVICES, INC.                :
SYSTEM FUELS, INC.                    :     CERTIFICATE PURSUANT
ENTERGY POWER, INC.                   :          TO RULE 24
                                      :    (Twentieth Certificate)
                                      :
                                      :
    File No. 70-7684                  :
                                      :
(Public Utility Holding Company       :
   Act of 1935)                       :
                                      :
--------------------------------------

  Pursuant to Rule 24 promulgated by the Securities and Exchange
Commission ("Commission") under the Public Utility Holding
Company Act of 1935 (but subject to the authorization in this
proceeding permitting the filing of certificates of notification
with respect to the transactions contemplated herein on a
quarterly basis), this is to certify that the transactions
referred to below, which were proposed in the joint
Application-Declaration on Form U-1, as amended, in File No.
70-7684 ("Application-Declaration"), have been carried out for
the quarter ended June 30, 1995 in accordance with the terms and
conditions of, and for the purposes represented by, the
Application-Declaration and pursuant to the orders of the
Commission, dated August 27, 1990 and July 16, 1992,
respectively.

  During the quarter ended  June 30, 1995, Entergy Power, Inc.
effected various borrowings and repayments with Entergy
Corporation in accordance with the Loan Agreement, dated August
28, 1990, as amended, as set forth in Exhibit A hereto and
incorporated herein by reference.  In accordance with the
commission's order dated April 18, 1995, in File No. 70-8535,
the amount of the outstanding borrowings ($237,488,393.24) plus
accrued interest ($1,043,118.76) under the above Loan Agreement
was converted to a capital contribution by Entergy Corporation.

     IN WITNESS WHEREOF, the undersigned companies have duly caused
this Certificate to be executed as of the 31st day of July, 1995.


                                 Arkansas Power & Light Company
                                 Entergy Corporation
                                 Entergy Services, Inc.
                                 System Fuels, Inc.


                                 By:  /s/ William J. Regan, Jr.
                                         William J. Regan, Jr.
                                     Vice President and Treasurer



                                 Entergy Power, Inc.


                                 By:  /s/ Terry L. Ogletree
                                       Terry L. Ogletree
                                         President and
                                     Chief Operating Officer


<TABLE>                      
<CAPTION>
                                   
                                   Entergy Debt                               Exhibit A
                                   Transaction                                             
                                     Summary                                               
                                 4/1/95 to 6/30/95
                                     Summary                                               
  Date     Rate        Issue           Call         Principal      Interest      Balance
                                                                                           
Beginning Balance                                 233,028,393.24         0.00         $0.00
<S>          <C>    <C>               <C>         <C>               <C>          <C>
04/01/95     9.00%                                233,028,393.24    57,459.06     57,459.06
04/02/95     9.00%                                233,028,393.24    57,459.06    114,918.11
04/03/95     9.00%  1,003,000.00                  234,031,393.24    57,706.37    172,624.48
04/04/95     9.00%    421,000.00                  234,452,393.24    57,810.18    230,434.66
04/05/95     9.00%                    200,000.00  234,252,393.24    57,760.86    288,195.53
04/06/95     9.00%                                234,252,393.24    57,760.86    345,956.39
04/07/95     9.00%                                234,252,393.24    57,760.86    403,717.25
04/08/95     9.00%                                234,252,393.24    57,760.86    461,478.12
04/09/95     9.00%                                234,252,393.24    57,760.86    519,238.98
04/10/95     9.00%    168,000.00                  234,420,393.24    57,802.29    577,041.27
04/11/95     9.00%    300,000.00                  234,720,393.24    57,876.26    634,917.53
04/12/95     9.00%                    101,000.00  234,619,393.24    57,851.36    692,768.89
04/13/95     9.00%                                234,619,393.24    57,851.36    750,620.25
04/14/95     9.00%  2,563,000.00                  237,182,393.24    58,483.33    809,103.58
04/15/95     9.00%                                237,182,393.24    58,483.33    867,586.91
04/16/95     9.00%                                237,182,393.24    58,483.33    926,070.24
04/17/95     9.00%     26,000.00                  237,208,393.24    58,489.74    984,559.98
04/18/95     9.00%    280,000.00                  237,488,393.24    58,558.78  1,043,118.76
                                                                                           
                                                                                           
  Ending Balance                                  237,488,393.24               1,043,118.76
</TABLE>



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission