CenterPoint extends maturity dates of credit facilities to 2019

By Marisa Wong

Madison, Wis., Sept. 10 – CenterPoint Energy, Inc. entered into a third amendment to its credit agreement, and its indirect wholly owned subsidiaries, CenterPoint Energy Houston Electric, LLC and CenterPoint Energy Resources Corp., entered into second and third amendments to their credit agreements, respectively, on Tuesday, according to an 8-K filing with the Securities and Exchange Commission.

The amendments, among other things, extend the maturity date of the commitments under the credit agreements to Sept. 9, 2019 from Sept. 9, 2018.

The amendments also reduce the swingline and letter-of-credit sub-facilities under each credit agreement, with the total commitments under each credit agreement remaining unchanged.

All three companies entered into their respective credit agreements on Sept. 9, 2011.

JPMorgan Chase Bank, NA is the administrative agent for CenterPoint Energy and CenterPoint Energy Houston Electric’s credit agreements, and Citibank, NA is the administrative agent for CenterPoint Energy Resources’ credit agreement.

CenterPoint is an electric utility based in Houston.

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