HOUSTON, March 28, 2018 /PRNewswire/ -- CenterPoint Energy
Resources Corp. (CERC), an indirect, wholly-owned subsidiary of
CenterPoint Energy, Inc. (NYSE: CNP), today announced the closing
of its offering and sale of $300
million aggregate principal amount of 3.55 percent Senior
Notes due 2023 and $300 million
aggregate principal amount of 4.00 percent Senior Notes due
2028.
Citigroup, Credit Suisse, BofA Merrill Lynch, MUFG, Barclays,
J.P. Morgan, Regions Securities LLC, and US Bancorp served as joint
bookrunners. Mischler Financial Group, Inc. and The Williams
Capital Group, L.P. served as co-managers.
"We appreciate the opportunity to partner with leading banks to
finance investments that reinforce our system's integrity,
reliability, and performance for our customers," said Scott Doyle, senior vice president of Natural
Gas Distribution. "CenterPoint Energy, as evidenced by this
transaction, remains committed to supplier diversity in meeting its
financing needs."
This news release does not constitute an offer to sell, or the
solicitation of any offer to buy, any security and shall not
constitute an offer, solicitation or sale in any jurisdiction in
which such offering would be unlawful.
This news release includes forward-looking statements. Actual
events and results may differ materially from those
projected. The statements in this news release that are not
historical facts are forward-looking statements. Factors that could
affect actual results include the timing and impact of future
regulatory and legislative decisions, effects of competition,
weather variations, changes in business plans, financial market
conditions and other factors discussed in CERC's Form 10-K for the
fiscal year ended December 31, 2017
and CERC's other filings with the Securities and Exchange
Commission. A written prospectus may be obtained by visiting EDGAR
on the SEC Website at https://www.sec.gov/.
CenterPoint Energy, headquartered in Houston, Texas, is a domestic energy delivery
company that includes electric transmission & distribution,
natural gas distribution and energy services operations. The
company serves more than five million metered customers primarily
in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma, and Texas. The company also owns 54.1 percent of
the common units representing limited partner interests in Enable
Midstream Partners, a publicly traded master limited partnership it
jointly controls with OGE Energy Corp., which owns, operates and
develops natural gas and crude oil infrastructure assets. With
nearly 8,000 employees, CenterPoint Energy and its predecessor
companies have been in business for more than 150 years.
For more information contact
Media:
Leticia
Lowe
Phone
713.207.7702
Investors:
David
Mordy
Phone
713.207.6500
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SOURCE CenterPoint Energy, Inc.