State sells bonds to repay Isaac repairs

BATON ROUGE, La. -- State regulators say bonds to raise money to repay Entergy Corp. for repairs after Hurricane Isaac have been sold.

The slow-moving hurricane caused flooding throughout south Louisiana when it struck in August 2012.

The Advocate reports (http://bit.ly/1uPddgZ) that about 787,000 Entergy customers in Louisiana, mostly in the New Orleans area, reported outages.

The Louisiana Public Service Commission says the sale of about $315 million in bonds that will be repaid through a surcharge on monthly bills of Entergy's roughly 1 million customers across the state.