CenterPoint Energy Redeems $250M Notes

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On December 23, 2020, CenterPoint Energy, Inc. provided notice of redemption relating to $250,000,000 aggregate principal amount of the Company’s outstanding $500,000,000 aggregate principal amount 3.85% Senior Notes due 2024. The Notes to be redeemed are called for redemption on January 15, 2021 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 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 each case, plus accrued and unpaid interest thereon, if any, to but excluding the redemption date.

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