CENTERPOINT ENERGY INC false 0001130310 0001130310 2022-03-11 2022-03-11 0001130310 us-gaap:CommonStockMember 2022-03-11 2022-03-11 0001130310 us-gaap:PreferredStockMember 2022-03-11 2022-03-11

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 11, 2022

 

 

CENTERPOINT ENERGY, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Texas   1-31447   74-0694415

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

1111 Louisiana  
Houston, Texas   77002
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (713) 207-1111

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading

Symbol(s)

 

Name of each exchange

on which registered

Common Stock, $0.01 par value   CNP   The New York Stock Exchange
preferred   NA   Chicago Stock Exchange, Inc.

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2).

Emerging Growth Company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 


Item 8.01

Other Events.

Redemption of 3.85% Senior Notes due 2024 and Partial Redemption of 4.25% Senior Notes due 2028

On March 11, 2022, CenterPoint Energy, Inc. (the “Company”) provided (i) a notice of redemption relating to all of the Company’s outstanding 3.85% Senior Notes due 2024 (the “2024 Notes”) with an aggregate principal amount of $250,000,000 and (ii) a notice of partial redemption relating to $350,000,000 aggregate principal amount of the Company’s outstanding $500,000,000 aggregate principal amount of 4.25% Senior Notes due 2028 (the “2028 Notes” and together with the 2024 Notes, the “Notes”). The Notes to be redeemed are called for redemption on March 30, 2022 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 January 1, 2024, in the case of the 2024 Notes, or August 1, 2028, in the case of the 2028 Notes, 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 15 basis points, in the case of the 2024 Notes, and 20 basis points, in the case of the 2028 Notes, plus, in each case, accrued and unpaid interest thereon, if any, to, but excluding, the redemption date.


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: March 11, 2022     By:  

/s/ Stacey L. Peterson

      Stacey L. Peterson
      Senior Vice President and
      Chief Accounting Officer