HOUSTON – CenterPoint Energy, Inc. (NYSE: CNP) today announced a public offering of $250 million in shares of its common stock, par value $0.01 per share. The underwritten public offering is subject to market and other conditions.
The company plans to use the net proceeds from this offering for general corporate purposes, including the repayment of a portion of its outstanding commercial paper, which was initially used for working capital and other corporate needs.
Barclays Capital Inc. and Citigroup are serving as joint book-running managers and underwriters for the offering.
The offering is being conducted under CenterPoint Energy’s effective shelf registration statement on Form S-3, previously filed with the Securities and Exchange Commission (SEC). The offering will be made solely by means of a prospectus and related prospectus supplement, in accordance with the requirements of Section 10 of the Securities Act of 1933, as amended.
Copies of the prospectus supplement and accompanying base prospectus can be obtained free of charge from the SEC’s website at www.sec.gov or by contacting:
Barclays Capital Inc.
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, New York 11717
[email protected]
(888) 603-5847
Citigroup
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, New York 11717
(Tel: 800 831-9146)
CenterPoint Energy’s common stock is listed on the New York Stock Exchange and the NYSE Chicago under the symbol CNP.
About CenterPoint Energy, Inc.
CenterPoint Energy, Inc. is a U.S. electric and natural gas utility serving more than seven million metered customers. The company’s operations include electric transmission & distribution, natural gas distribution, and energy services operations. CenterPoint Energy strives to deliver safe and reliable services to its customers and communities across its operational areas.
For further information, visit www.centerpointenergy.com.