CenterPoint Energy, Inc. announced the pricing of an upsized offering of $600 million aggregate principal amount of 2.875% Convertible Senior Notes due 2029 in a private placement. The offering was increased from the previously announced $550 million. Net proceeds, expected to be approximately $592.1 million, will be used for general corporate purposes, including debt repayment.
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CenterPoint Energy, Inc. Announces Pricing of Upsized Offering of $600 Million of 2.875% Convertible Senior Notes Due 2029
CenterPoint Energy, Inc. announced the pricing of an upsized offering of $600 million aggregate principal amount of 2.875% Convertible Senior Notes due 2029 in a private placement. The offering was increased from the previously announced $550 million. Net proceeds, expected to be approximately $592.1 million, will be used for general corporate purposes, including debt repayment.