debt
confidence high
sentiment neutral
materiality 0.50
CenterPoint unit SIGECO calls $80M of 6.72% Senior Notes for redemption Dec 19
CENTERPOINT ENERGY INC
- SIGECO, a CenterPoint subsidiary, redeemed all $80M outstanding 6.72% Senior Notes due 2029.
- Redemption date is December 19, 2023; price equals the greater of 100% of principal or Treasury Yield plus 10 bps, plus accrued interest.
- Redemption triggers automatic cancellation of the related $80M First Mortgage Bond Series of 1999 held as security.