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HOUSTON, March 11, 2021 /PRNewswire/ -- CenterPoint Energy Houston Electric, LLC (Houston Electric), an indirect, wholly owned subsidiary of CenterPoint Energy, Inc. (NYSE: CNP), today closed a registered public offering of $400 million principal amount of 2.35% general mortgage bonds due April 1, 2031 and $700 million principal amount of 3.35% general mortgage bonds due April 1, 2051. The net proceeds from the offering will be used for general limited liability company purposes, including capital expenditures and the repayment of (i) all of Houston Electric's outstanding $102 million of 9.15% first mortgage bonds due 2021, (ii) all of Houston Electric's outstanding $300 million of 1.85% general mortgage bonds due 2021 and (iii) all or a portion of Houston Electric's borrowings under the CenterPoint Energy money pool.