CenterPoint Energy Houston Electric to price 10-year mortgage bonds

By Devika Patel

Knoxville, Tenn., Jan. 9 – CenterPoint Energy Houston Electric, LLC intends to price an offering of series AA 10-year general mortgage bonds due 2027, according to a 424B2 filing with the Securities and Exchange Commission on Monday. The sale will price and settle in January.

The notes feature a make-whole call until Nov. 1, 2026, and then a par call.

Mizuho Securities USA Inc., Regions Securities LLC and U.S. Bancorp Investments Inc. are the bookrunners. The co-managers are BNY Mellon Capital Markets, LLC and Wolfe Capital Markets and Advisory.

Proceeds will be used for general limited liability company purposes.

CenterPoint Energy is a Houston-based electricity transmitter and distributor.

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