Filed Pursuant to Rule 433
Registration No. 333-190911-04

Entergy Texas, Inc.
$250,000,000
First Mortgage Bonds,
5.15% Series due June 1, 2045
Final Terms and Conditions
May 18, 2015
Issuer:
 
Entergy Texas, Inc.
 
 
 
Security Type:
 
First Mortgage Bonds (SEC Registered)
 
 
 
Expected Ratings(1):
 
Baa1 (stable outlook) by Moody’s Investors Service
A- (positive outlook) by Standard & Poor’s Ratings Services
 
 
 
Trade Date:
 
May 18, 2015
 
 
 
Settlement Date (T+3):
 
May 21, 2015
 
 
 
Principal Amount:
 
$250,000,000
 
 
 
Interest Rate:
 
5.15%
 
 
 
Interest Payment Dates:
 
June 1 and December 1 of each year
 
 
 
First Interest Payment Date:
 
December 1, 2015
 
 
 
Final Maturity Date:
 
June 1, 2045
 
 
 
Optional Redemption Terms:
 
Make-whole call at any time prior to June 1, 2025 at a discount rate of Treasury plus 35 bps and, thereafter, at par
 
 
 
Benchmark Treasury:
 
2.50% due February 15, 2045
 
 
 
Spread to Benchmark Treasury:
 
+212.5 bps
 
 
 
Benchmark Treasury Price:
 
8917
 
 
 
Benchmark Treasury Yield:
 
3.037%
 
 
 
Re-offer Yield:
 
5.162%
 
 
 




Price to Public:
 
99.816% of the principal amount
 
 
 
Net Proceeds Before Expenses:
 
$247,352,500
 
 
 
CUSIP / ISIN:
 
29365T AD6 / US29365TAD63
 
 
 
Joint Book-Running Managers:
 
Merrill Lynch, Pierce, Fenner & Smith Incorporated
 
 
Morgan Stanley & Co. LLC
 
 
Scotia Capital (USA) Inc.
 
 
SMBC Nikko Securities America, Inc.
 
 
Wells Fargo Securities, LLC
 
 
 
Co-Managers:
 
Regions Securities LLC
 
 
U.S. Bancorp Investments, Inc.
 
 
Mischler Financial Group, Inc.
 
 
The Williams Capital Group, L.P.
___________________________
1 A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov.
Alternatively, a copy of the prospectus for the offering can be obtained by calling (i) Merrill Lynch, Pierce, Fenner & Smith Incorporated toll free at 1-800-294-1322, (ii) Morgan Stanley & Co. LLC toll free at 1-866-718-1649, (iii) Scotia Capital (USA) Inc. toll free at 1-800-372-3930, (iv) SMBC Nikko Securities America, Inc. toll free at 1-800-406-2835 or (v) Wells Fargo Securities, LLC toll free at 1-800-645-3751.