debt
confidence high
sentiment neutral
materiality 0.40
CenterPoint unit SIGECO to sell $260M first mortgage bonds in three tranches at 5.99%-6.33%
CENTERPOINT ENERGY INC
- $130M 5.99% Series 2026A due 2031 priced Oct. 20, 2026; $80M 6.15% Series 2026B due 2033 to close Dec. 15, 2026.
- $50M 6.33% Series 2027A due 2037 to be issued Feb. 25, 2027, bringing the private placement total to $260M at 100% of principal.
- Proceeds for general corporate purposes: repaying short-term debt, refunding long-term debt at maturity and funding capital expenditures.
- Bonds are secured ratably by SIGECO's first mortgage indenture, with Deutsche Bank Trust Company Americas as trustee.
- Prepayable at 100% of principal plus accrued interest and a make-whole amount; partial prepayments must be at least 10% of a tranche.