Free Writing Prospectus - Filing Under Securities Act Rules 163/433 (fwp)
August 12 2019 - 5:09PM
Edgar (US Regulatory)
Filed Pursuant to Rule 433
Registration
No. 333-215833
August 12, 2019
PRICING TERM SHEET
(to
Preliminary Prospectus Supplement dated August 12, 2019
(the Preliminary Prospectus Supplement))
Unless otherwise indicated, terms used but not defined herein have the meanings assigned to such terms in the Preliminary Prospectus Supplement.
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Issuer:
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CenterPoint Energy, Inc. (the Issuer)
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Anticipated Ratings*:
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Baa2 (stable) /BBB (stable) /BBB (stable) (Moodys / S&P / Fitch)
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Security:
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2.50% Senior Notes due 2024
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2.95% Senior Notes due 2030
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3.70% Senior Notes due 2049
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Principal Amount:
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$500,000,000
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$400,000,000
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$300,000,000
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Maturity Date:
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September 1, 2024
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March 1, 2030
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September 1, 2049
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Interest Payment Dates:
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March 1 and September 1, commencing March 1, 2020
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March 1 and September 1, commencing March 1, 2020
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March 1 and September 1, commencing March 1, 2020
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Coupon:
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2.50%
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2.95%
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3.70%
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Price to Public:
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99.830% of the principal amount
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99.603% of the principal amount
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99.155% of the principal amount
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Benchmark Treasury:
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1.750% due July 31, 2024
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1.625% due August 15, 2029
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2.875% due May 15, 2049
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Benchmark Treasury Yield:
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1.486%
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1.644%
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2.122%
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Spread to Benchmark Treasury:
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+105 basis points
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+135 basis points
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+162.5 basis points
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Re-offer
Yield:
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2.536%
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2.994%
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3.747%
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Optional Redemption:
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Prior to August 1, 2024, greater of 100% or make-whole at a discount rate of Treasury plus 20 basis points (calculated to August 1, 2024); and on or after August 1, 2024, 100% plus, in either case, accrued and unpaid
interest.
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Prior to December 1, 2029, greater of 100% or make-whole at a discount rate of Treasury plus 25 basis points (calculated to December 1, 2029); and on or after December 1, 2029, 100% plus, in either case, accrued and
unpaid interest.
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Prior to March 1, 2049, greater of 100% or make-whole at a discount rate of Treasury plus 25 basis points (calculated to March 1, 2049); and on or after March 1, 2049, 100% plus, in either case, accrued and unpaid
interest.
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Legal Format:
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SEC Registered
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Denominations:
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$2,000 and integral multiples of $1,000 in excess thereof
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CUSIP/ISIN:
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15189T AW7/
US15189TAW71
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15189T AX5/ US15189TAX54
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15189T AY3/
US15189TAY38
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Trade Date:
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August 12, 2019
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Expected Settlement Date:
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August 14, 2019 (T+2)
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Joint Book-Running Managers:
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BofA Securities, Inc.
Goldman
Sachs & Co. LLC
J.P. Morgan Securities LLC
Morgan
Stanley & Co. LLC
Wells Fargo Securities, LLC
Barclays Capital Inc.
Citigroup Global Markets Inc.
Credit Suisse Securities (USA) LLC
Deutsche Bank Securities
Inc.
MUFG Securities Americas Inc.
RBC Capital Markets,
LLC
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Senior
Co-Managers:
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BB&T Capital Markets, a division of BB&T Securities, LLC
BNP Paribas Securities Corp.
Fifth Third Securities, Inc.
The Huntington Investment Company
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Co-Managers:
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Loop Capital Markets LLC
R.
Seelaus & Co., LLC
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*Note: 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 Web site at www.sec.gov. Alternatively, the Issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling BofA Securities, Inc. toll-free at
1-800-294-1322,
Goldman Sachs & Co. LLC toll-free
at 1-866-471-2526, J.P.
Morgan Securities LLC collect at
1-212-834-4533,
Morgan Stanley & Co. LLC toll-free
at 1-866-718-1649
or Wells Fargo Securities, LLC toll-free at
1-800-645-3751.
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