secwatch / observer
8-K filed October 16, 2023, 7:59 PM ET ticker CNP CIK 0001130310
debt confidence high sentiment neutral materiality 0.50

CENTERPOINT ENERGY INC (CNP): debt financing — CenterPoint subsidiary SIGECO issues $470M in 5.75%-6.00% first mortgage bonds

CENTERPOINT ENERGY INC

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

CENTERPOINT ENERGY INC incurred senior notes of $180,000,000 5.75% First Mortgage Bonds, Series 2023B, Tranche A due 2029 with certain institutional investors in the private placement market at 5.75% per annum maturing March 15, 2029.

Instrument
senior notes
Principal
$180,000,000 5.75% First Mortgage Bonds, Series 2023B, Tranche A due 2029
Counterparty
certain institutional investors in the private placement market
Rate
5.75% per annum
Maturity
March 15, 2029
Event
incurrence
Exact text from the filing
(the “Company”), and certain institutional investors in the private placement market (“Purchasers”) entered into a Bond Purchase Agreement (“Bond Purchase Agreement”), under which SIGECO agreed to sell, and each Purchaser agreed to severally purchase on October 13, 2023, $180,000,000 5.75% First Mortgage Bonds, Series 2023B, Tranche A due 2029 (the “Tranche A Bonds”), $105,000,000 5.91% First Mortgage Bonds, Series 2023B, Tranche B due 2030 (the “Tranche B Bonds”) and $185,000,000 6.00% First Mortgage Bonds, Series 2023B, Tranche C due 2034 (the “Tranche C Bonds”, and together with the Tranche A Bonds and the Tranche B Bonds, the “Bonds”) in the series and tranche as set forth in the Bond Purchase Agreement.
View on SEC.gov
Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

CENTERPOINT ENERGY INC incurred senior notes of $105,000,000 5.91% First Mortgage Bonds, Series 2023B, Tranche B due 2030 with certain institutional investors in the private placement market at 5.91% per annum maturing October 15, 2030.

Instrument
senior notes
Principal
$105,000,000 5.91% First Mortgage Bonds, Series 2023B, Tranche B due 2030
Counterparty
certain institutional investors in the private placement market
Rate
5.91% per annum
Maturity
October 15, 2030
Event
incurrence
Exact text from the filing
(the “Company”), and certain institutional investors in the private placement market (“Purchasers”) entered into a Bond Purchase Agreement (“Bond Purchase Agreement”), under which SIGECO agreed to sell, and each Purchaser agreed to severally purchase on October 13, 2023, $180,000,000 5.75% First Mortgage Bonds, Series 2023B, Tranche A due 2029 (the “Tranche A Bonds”), $105,000,000 5.91% First Mortgage Bonds, Series 2023B, Tranche B due 2030 (the “Tranche B Bonds”) and $185,000,000 6.00% First Mortgage Bonds, Series 2023B, Tranche C due 2034 (the “Tranche C Bonds”, and together with the Tranche A Bonds and the Tranche B Bonds, the “Bonds”) in the series and tranche as set forth in the Bond Purchase Agreement.
View on SEC.gov
Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

CENTERPOINT ENERGY INC incurred senior notes of $185,000,000 6.00% First Mortgage Bonds, Series 2023B, Tranche C due 2034 with certain institutional investors in the private placement market at 6.00% per annum maturing March 15, 2034.

Instrument
senior notes
Principal
$185,000,000 6.00% First Mortgage Bonds, Series 2023B, Tranche C due 2034
Counterparty
certain institutional investors in the private placement market
Rate
6.00% per annum
Maturity
March 15, 2034
Event
incurrence
Exact text from the filing
(the “Company”), and certain institutional investors in the private placement market (“Purchasers”) entered into a Bond Purchase Agreement (“Bond Purchase Agreement”), under which SIGECO agreed to sell, and each Purchaser agreed to severally purchase on October 13, 2023, $180,000,000 5.75% First Mortgage Bonds, Series 2023B, Tranche A due 2029 (the “Tranche A Bonds”), $105,000,000 5.91% First Mortgage Bonds, Series 2023B, Tranche B due 2030 (the “Tranche B Bonds”) and $185,000,000 6.00% First Mortgage Bonds, Series 2023B, Tranche C due 2034 (the “Tranche C Bonds”, and together with the Tranche A Bonds and the Tranche B Bonds, the “Bonds”) in the series and tranche as set forth in the Bond Purchase Agreement.
View on SEC.gov

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CENTERPOINT ENERGY INC filing history →

Source: SEC EDGAR
accession 0001193125-23-256879
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