UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 13, 2021 (
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| Item 8.01 | Other Events. |
Redemption of 2.50% Senior Notes due 2022
On December 10, 2021, CenterPoint Energy, Inc. (the “Company”) provided notice of redemption for all of the Company’s outstanding 2.50% Senior Notes due 2022 (the “Notes”) with an aggregate principal amount of $500,000,000. The Notes have been called for redemption on December 30, 2021 at a redemption price equal to the greater of (i) 100% of the principal amount of the Notes to be redeemed or (ii) the sum of the present values of the remaining scheduled payments of principal and interest on the Notes to be redeemed that would be due if such Notes matured on August 1, 2022 but for the redemption (not including any portion of such payments of interest accrued to the redemption date) discounted to the redemption date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the applicable treasury rate plus 12.5 basis points, in each case, plus accrued and unpaid interest thereon, if any, to but excluding the redemption date.
Sale of Energy Transfer LP Series G Preferred Units
On December 13, 2021, the Company completed the sale of 192,390 Energy Transfer LP 7.125% Series G Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Units (“Series G Preferred Units”) having an aggregate liquidation preference of $192,390,000. The Company sold the Series G Preferred Units at a price of par plus an amount equal to the accrued distribution since the last distribution payment on the Series G Preferred Units for gross proceeds of approximately $193.4 million.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| CENTERPOINT ENERGY, INC. | ||||||
| Date: December 13, 2021 | By: | /s/ Monica Karuturi | ||||
| Monica Karuturi | ||||||
| Senior Vice President and General Counsel | ||||||