debt
confidence high
sentiment neutral
materiality 0.70
CenterPoint Energy Restoration Bond Co II Issues $401.5M Series 2025-A Senior Secured System Restoration Bonds
CenterPoint Energy Restoration Bond Co II, LLC
- Issued $401,521,000 aggregate principal of Series 2025-A Senior Secured System Restoration Bonds on Sept 17, 2025.
- Bonds issued under Indenture with U.S. Bank Trust Co. as trustee and U.S. Bank National Association as securities intermediary.
- Issuance authorized by Texas PUC financing order dated June 5, 2025; CenterPoint Houston sold system restoration property to issuer.
- Amended and restated LLC agreement of CenterPoint Energy Restoration Bond Company II on Sept 17, 2025.
- Filed legal opinions from Baker Botts L.L.P. on constitutional and tax matters related to the bonds.
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