secwatch / observer
8-K filed March 27, 2023, 7:59 PM ET ticker CNP CIK 0001130310
debt confidence high sentiment neutral materiality 0.10

CenterPoint Energy borrows and repays $250M term loan within three days

CENTERPOINT ENERGY INC

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

CENTERPOINT ENERGY INC terminated Term Loan Agreement with JPMorgan Chase Bank, N.A., as administrative agent, and the banks party thereto valued at approximately $250.1 million (effective 2023-03-24).

Action
termination
Agreement
credit facility
Counterparty
JPMorgan Chase Bank, N.A., as administrative agent, and the banks party thereto
Value
approximately $250.1 million
Effective
2023-03-24
Exact text from the filing
On March 23, 2023, the Company delivered an irrevocable notice to JPMorgan Chase Bank, N.A., as administrative agent for the banks party to the Term Loan Agreement, to make an optional prepayment of the full outstanding amount of the Term Loan Agreement, including accrued and unpaid interest through March 24, 2023, with such prepayment made on March 24, 2023. The aggregate amount of the prepayment was approximately $250.1 million. Following the prepayment, the Term Loan Agreement and all obligations thereunder were terminated in its entirety.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

CENTERPOINT ENERGY INC entered into Term Loan Agreement with JPMorgan Chase Bank, N.A., as administrative agent, and the banks party thereto valued at $250 million (effective 2023-03-21).

Action
entry
Agreement
credit facility
Counterparty
JPMorgan Chase Bank, N.A., as administrative agent, and the banks party thereto
Value
$250 million
Effective
2023-03-21
Exact text from the filing
On March 21, 2023, CenterPoint Energy, Inc. (the “Company”) entered into a $250 million Term Loan Agreement (the “Term Loan Agreement”) among JPMorgan Chase Bank, N.A., as administrative agent, and the banks party thereto.
View on SEC.gov

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CENTERPOINT ENERGY INC filing history →

Source: SEC EDGAR
accession 0001193125-23-080484
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