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HOUSTON, March 2, 2021 /PRNewswire/ CenterPoint Energy Resources Corp. (CERC), an indirect, wholly owned subsidiary of CenterPoint Energy, Inc. (NYSE: CNP), today announced the closing of its offering and sale of $1.7 billion of senior notes comprised of $1.0 billion of floating rate senior notes due 2023 and $700 million of 0.70% senior notes due 2023. The net proceeds from the offering will be used for general corporate purposes, including to fund working capital.
J.P. Morgan, MUFG, US Bancorp and Wells Fargo Securities served as representatives and joint bookrunners. Drexel Hamilton, a service-disabled, veteran-owned business enterprise, served as co-manager.
This news release does not constitute an offer to sell, or the solicitation of any offer to buy, any securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offering would be unlawful.