2023-08-01 08:14:39 ET
- CenterPoint Energy ( NYSE: CNP ) commences a $900M of convertible senior notes due 2026 in a private placement.
- Initial purchasers will be granted an additional $100M aggregate principal amount of convertible notes.
- The company intends to use the net proceeds from this offering for general corporate purposes, including the redemption of our Series A preferred stock, after its call date and the repayment of a portion of our outstanding commercial paper.
- The convertible notes will mature on August 15, 2026, unless earlier converted or repurchased.
For further details see:
CenterPoint Energy announces $900M convertible senior notes