Obbligazione CentrePoint Energy 6.7% ( US15189TBP12 ) in USD

CentrePoint Energy

103.001 USD ▼

Stati Uniti

US15189TBP12 ( in USD )

6.7% per anno ( pagato 2 volte l'anno)

15/05/2055

Prospetto opuscolo dell'obbligazione CenterPoint Energy US15189TBP12 en USD 6.7%, scadenza 15/05/2055

2 000 USD

500 000 000 USD

15189TBP1

BBB- ( Lower medium grade - Investment-grade )

Baa3 ( Lower medium grade - Investment-grade )

15/05/2026 ( In 147 giorni )

CenterPoint Energy è una utility americana con sede a Houston, Texas, specializzata nella trasmissione e distribuzione di elettricità e nella distribuzione di gas naturale.

The Obbligazione issued by CentrePoint Energy ( United States ) , in USD, with the ISIN code US15189TBP12, pays a coupon of 6.7% per year.
The coupons are paid 2 times per year and the Obbligazione maturity is 15/05/2055

The Obbligazione issued by CentrePoint Energy ( United States ) , in USD, with the ISIN code US15189TBP12, was rated Baa3 ( Lower medium grade - Investment-grade ) by Moody's credit rating agency.

The Obbligazione issued by CentrePoint Energy ( United States ) , in USD, with the ISIN code US15189TBP12, was rated BBB- ( Lower medium grade - Investment-grade ) by Standard & Poor's ( S&P ) credit rating agency.

FWP 1 d893633dfwp.htm FWP
Filed Pursuant to Rule 433
Registration No. 333-272025
October 29, 2024
PRICING TERM SHEET
(to Preliminary Prospectus Supplement, dated October 29, 2024)
This free writing prospectus relates only to the securities described below and should be read together with CenterPoint Energy, Inc.'s preliminary
prospectus supplement dated October 29, 2024 (the "Preliminary Prospectus Supplement"), the accompanying prospectus dated May 17, 2023 and the
documents incorporated and deemed to be incorporated by reference therein.
Issuer:
CenterPoint Energy, Inc. (the "Issuer")
Legal Format:
SEC Registered
Anticipated Ratings*:
Baa3 (negative) / BBB- (negative) / BB+ (negative) (Moody's / S&P / Fitch)
Security:
6.700% Fixed-to-Fixed Reset Rate Junior Subordinated Notes, Series C, due 2055 (the "Notes")
Principal Amount:
$500,000,000
Maturity Date:
May 15, 2055
Interest Payment Dates:
May 15 and November 15 of each year, commencing May 15, 2025
Regular Record Dates
May 1 and November 1 of each year, immediately preceding any May 15 and November 15 interest payment date, as the
case may be.
Ranking:
The Notes will be the Issuer's unsecured obligations and will rank junior and subordinate in right of payment to the prior
payment in full of the Issuer's existing and future Senior Indebtedness (including (i) any indebtedness the Issuer may
incur in the future under the Issuer's Second Amended and Restated Credit Agreement, dated December 6, 2022, by and
among the Issuer, as borrower, JPMorgan Chase Bank, N.A., as administrative agent, the lenders and other parties thereto
(as amended, restated, supplemented or otherwise modified from time to time, the "Credit Agreement"), (ii) the Issuer's
$1 billion aggregate principal amount of 4.25% Convertible Senior Notes due 2026, (iii) the Issuer's $400 million
aggregate principal amount of 5.25% Senior Notes due 2026, (iv) the Issuer's $500 million aggregate principal amount of
1.45% Senior Notes due 2026, (v) the Issuer's $150 million aggregate principal amount of 4.25% Senior Notes due 2028,
(vi) the Issuer's $700 million aggregate principal amount of 5.40% Senior Notes due 2029, (vii) the Issuer's $400 million
aggregate principal amount of 2.95% Senior Notes due 2030, (viii) the Issuer's $500 million aggregate principal amount
of 2.65% Senior Notes due 2031 and (ix) the

Issuer's $300 million aggregate principal amount of 3.70% Senior Notes due 2049) as described in the Preliminary
Prospectus Supplement. The Notes will rank equally in right of payment with (a) the Issuer's 2.0% Zero-Premium
Exchangeable Subordinated Notes due 2029, (b) the Issuer's $400 million aggregate principal amount of 7.000%
Fixed-to-Fixed Reset Rate Junior Subordinated Notes, Series A, due 2055, (c) the Issuer's $400 million aggregate
principal amount of 6.850% Fixed-to-Fixed Reset Rate Junior Subordinated Notes, Series B, due 2055 and (d) any future
unsecured indebtedness that the Issuer may incur from time to time if the terms of such indebtedness provide that it ranks
equally with the Notes in right of payment. See "Description of Notes--Ranking" in the Preliminary Prospectus
Supplement. For the definition of the term "Senior Indebtedness," see "Description of Notes--Subordination" in the
Preliminary Prospectus Supplement.
First Reset Date:
May 15, 2030 (the "First Reset Date")
Interest Rate:
The Notes will bear interest (i) from and including October 31, 2024 to, but excluding, the First Reset Date at rate of
6.700% and (ii) from and including the First Reset Date during each Interest Reset Period (as defined in the Preliminary
Prospectus Supplement) at rate equal to the Five-Year Treasury Rate (as defined in the Preliminary Prospectus
Supplement) as of the most recent Reset Interest Determination Date (as defined in the Preliminary Prospectus
Supplement), plus 2.586%.
Reset Period:
The period from and including the First Reset Date to but excluding the next following Reset Date and thereafter each
period from and including a Reset Date to but excluding the next following Reset Date, or the maturity date, or the date of
redemption, as the case may be.
Reset Date:
The First Reset Date and May 15 of every fifth year after 2030
Optional Interest Deferral:
Cumulative deferral for one or more deferral periods of up to 20 consecutive semi-annual interest payment periods (as
defined in the Preliminary Prospectus Supplement).
Optional Redemption Terms
Par Call:
In whole or in part on one or more occasions at a price equal to 100% of the principal amount being redeemed, plus
accrued and unpaid interest to, but excluding, the redemption date (i) on any day in the period commencing on the date
falling 90 days prior to the First Reset Date and ending on and including the First Reset Date and (ii) after the First Reset
Date, on any interest payment date.

Tax Event Call:
In whole, but not in part, at 100% of the principal amount of the Notes, plus accrued and unpaid interest to, but excluding,
the redemption date, at any time within 120 days after the occurrence of a tax event with respect to the Notes.
Rating Agency
In whole, but not in part, at 102% of the principal amount of the Notes, plus accrued and unpaid interest to, but excluding,
Event Call:
the redemption date, at any time within 120 days after the occurrence of a rating agency event with respect to the Notes.
CUSIP/ISIN:
15189T BP1 / US15189TBP12
Par Amount:
$1,000
Denominations:
$2,000 and integral multiples of $1,000 in excess thereof
Trade Date:
October 29, 2024
Expected Settlement
October 31, 2024 (T+2)
Date**:
Joint Book-Running
BofA Securities, Inc.
Managers:
Citigroup Global Markets Inc.
J.P. Morgan Securities LLC
Morgan Stanley & Co. LLC
Wells Fargo Securities, LLC
BMO Capital Markets Corp.
The terms "Interest Reset Period," "Five-Year Treasury Rate," "Reset Interest Determination Date," "Reset Date," "Senior Indebtedness," "interest
payment periods," "tax event" and "rating agency event" have the meanings given in the Preliminary Prospectus Supplement. Other capitalized terms
used and not defined herein have the meanings assigned in the Preliminary Prospectus Supplement.
*
Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
**
The Issuer expects that delivery of the Notes offered hereby will be made against payment therefor on or about October 31, 2024, which will be
the second business day following the date of pricing of the Notes (this settlement cycle being referred to as "T+2"). Under Rule 15c6-1 of the
Securities Exchange Act of 1934, as amended, trades in the secondary market generally are required to settle in one business day, unless the
parties to such trade expressly agree otherwise. Accordingly, purchasers who wish to trade the Notes on the initial pricing date of the Notes will be
required, by virtue of the fact that the Notes initially will settle in T+2, to specify alternative settlement arrangements at the time of any such trade
to prevent a failed settlement and should consult their own advisors.

The Issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you
invest, you should read the prospectus in that registration statement and other documents the Issuer has filed with the SEC for more complete
information about the Issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov.
Alternatively, the Issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling
BofA Securities, Inc. toll-free at (800) 294-1322 or by email at [email protected], Citigroup Global Markets Inc. toll-free at (800)
831-9146, J.P. Morgan Securities LLC collect at (212) 834-4533, Morgan Stanley & Co. LLC toll-free at (866) 718-1649 or Wells Fargo Securities, LLC
toll-free at (800) 645-3751.