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CenterPoint Energy closes $500M senior note offering

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CenterPoint Energy closes $500M senior note offering

CenterPoint Energy Inc. closed the sale of $500 million of its 2.50% senior notes due Sept. 1, 2022, according to an Aug. 10 release.

The company plans to use the sale proceeds for general corporate purposes, including the repayment of a portion of its outstanding commercial paper.

Barclays, Goldman Sachs & Co. LLC, Morgan Stanley and MUFG served as joint book runners. TD Securities acted as senior co-manager, while Evercore ISI and Ramirez & Co. served as co-managers.