debt
confidence high
sentiment neutral
materiality 0.65
CenterPoint Energy starts $500M debt tender offer for its notes and CEHE bonds
CENTERPOINT ENERGY INC
- Up to $300M aggregate purchase price for 3.70%/2.65%/2.95% senior notes due 2049/2031/2030.
- Up to $200M for CEHE's 4.25% mortgage bonds due 2049 and 4.50% due 2044.
- Early tender deadline: 5:00 p.m. NY time on Oct 1, 2025; expected early settlement Oct 6.
- Fixed spreads over UST reference securities: +50 to +100 bps depending on series.
- Funding from cash on hand and commercial paper; tendered securities will be cancelled.