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CenterPoint Energy Prices $900 Million Offering of Convertible Senior Notes
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CenterPoint Energy Prices $900 Million Offering of Convertible Senior Notes
Jul 29, 2025 1:52 AM

04:26 AM EDT, 07/29/2025 (MT Newswires) -- CenterPoint Energy ( CNP ) said late Monday it priced a $900 million offering of 3% convertible senior notes due 2028 in a private placement to institutional buyers.

The company said it granted initial purchasers a 13-day option to purchase up to an additional $100 million of the notes. The company intends to use the net proceeds for general corporate purposes.

The offering is expected to close on Thursday.

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