---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-203904"
form_type: "8-K"
ticker: "CNP"
cik: "0001130310"
company_name: "CENTERPOINT ENERGY INC"
filed_at: "2023-08-04T23:59:59+00:00"
generated_at: "2026-06-12T05:39:31.951995+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CenterPoint Energy closes $1B convertible note offering at 4.25% with ~25% conversion premium

## Summary
- Net proceeds of ~$985.3M after underwriting discounts and expenses.
- Initial conversion price ~$36.86/share, 25% premium over Aug 1, 2023 closing price.
- Up to 33.9M shares may be issued upon conversion based on initial max conversion rate.
- Notes mature Aug 15, 2026; interest payable semiannually at 4.25% starting Feb 15, 2024.
- Company cannot redeem notes early; holders may convert under conditions before May 15, 2026.

## SEC filing metadata
- accession: 0001193125-23-203904
- form_type: 8-K
- ticker: CNP
- cik: 0001130310
- company_name: CENTERPOINT ENERGY INC
- filed_at: 2023-08-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1130310/000119312523203904/0001193125-23-203904-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1130310/000119312523203904/d536903d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-203904
- JSON: https://secwatch.observer/filing/0001193125-23-203904.json
- Plain text: https://secwatch.observer/filing/0001193125-23-203904.txt

## Key facts
- Material Agreements
  CENTERPOINT ENERGY INC entered into Indenture with The Bank of New York Mellon Trust Company, National Association valued at $1,000,000,000 aggregate principal amount (effective 2023-08-04).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: The Bank of New York Mellon Trust Company, National Association
  - Value: $1,000,000,000 aggregate principal amount
  - Effective: 2023-08-04
  source text: The Company issued the Notes pursuant to an Indenture (the “Indenture”), dated as of August 4, 2023 by and between the Company and The Bank of New York Mellon Trust Company, National Association, as trustee (the “Trustee”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1130310/000119312523203904/0001193125-23-203904-index.htm
- Material Agreements
  CENTERPOINT ENERGY INC entered into Purchase Agreement with the initial purchasers (effective 2023-08-01).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: the initial purchasers
  - Effective: 2023-08-01
  source text: The Notes were sold under a purchase agreement (the “Purchase Agreement”) dated August 1, 2023 among the Company and the initial purchasers (the “Initial Purchasers”) party thereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1130310/000119312523203904/0001193125-23-203904-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.