Tender Offer - CENTERPOINT ENERGY INC

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Form Type: 8-K

Filing Date: 2025-05-09

Corporate Action: Tender-offer

Type: New

Accession Number: 000119312525116885

Filing Summary: On May 9, 2025, CenterPoint Energy, Inc. announced the early tender results and pricing of its cash tender offers. The company plans to purchase up to $600,000,000 of its various Senior Notes due in different years including 2026, 2028, 2029, 2030, and 2031. Additionally, CenterPoint Energy Resources Corp. plans to purchase up to $400,000,000 of its Senior Notes due in 2047, 2028, 2033, and 2034. The total maximum purchase amount for both issuers’ notes is $1,000,000,000. The early settlement date for accepted tenders is May 13, 2025, and the offers are subject to the terms set forth in the Offer to Purchase dated April 25, 2025.

Additional details:

Item 7 01: Press releases announcing early tender results and pricing of the Tender Offers.

Centerpoint Energy Notes Maximum Amount: $600,000,000

Cerc Notes Maximum Amount: $400,000,000

Aggregate Maximum Amount: $1,000,000,000

Early Settlement Date: 2025-05-13

Offer To Purchase Date: 2025-04-25

Form Type: 8-K

Filing Date: 2025-04-25

Corporate Action: Tender-offer

Type: New

Accession Number: 000119312525095136

Filing Summary: On April 25, 2025, CenterPoint Energy, Inc. announced the commencement of cash tender offers for specific senior notes. The company aims to purchase up to $600 million of its 5.25% Senior Notes due 2026, 3.70% Senior Notes due 2049, 4.25% Senior Notes due 2028, 5.40% Senior Notes due 2029, 2.95% Senior Notes due 2030, and 2.65% Senior Notes due 2031. Additionally, it plans to buy up to $400 million of 4.10% Senior Notes due 2047, 5.40% Senior Notes due 2033, 5.25% Senior Notes due 2028, 5.40% Senior Notes due 2034, and 4.40% Senior Notes due 2032. This initiative, undertaken to reduce outstanding indebtedness, is set to utilize cash on hand and borrowings from the companies' commercial paper programs. The purchased notes will be cancelled, contributing to the overall financial strategy of CenterPoint Energy and its subsidiary, CenterPoint Energy Resources Corp.

Additional details:

Tender Offer Price: 600000000

Notes Due 2026: 5.25%

Notes Due 2049: 3.70%

Notes Due 2028: 4.25%

Notes Due 2029: 5.40%

Notes Due 2030: 2.95%

Notes Due 2031: 2.65%

Tender Offer Cerc Notes Value: 400000000

Notes Due 2047: 4.10%

Notes Due 2033: 5.40%

Notes Due 2028 Cerc: 5.25%

Notes Due 2034: 5.40%

Notes Due 2032: 4.40%

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