Issuer:
|
CenterPoint Energy, Inc. | ||
Security:
|
6.50% Senior Notes due 2018 | ||
Legal Format:
|
SEC Registered | ||
Size:
|
$300,000,000 | ||
Trade Date:
|
May 1, 2008 | ||
Expected Settlement Date:
|
May 6, 2008 | ||
Maturity Date:
|
May 1, 2018 | ||
Coupon:
|
6.50% | ||
Interest Payment Dates:
|
May 1 and November 1, commencing November 1, 2008 | ||
Price to Public:
|
99.487% | ||
Benchmark Treasury:
|
3.50% due February 15, 2018 | ||
Benchmark Treasury Yield:
|
3.751% | ||
Spread to Benchmark Treasury:
|
+ 282 basis points | ||
Yield:
|
6.571% | ||
Make-whole call:
|
At any time at a discount rate of Treasury plus 45 basis points | ||
CUSIP:
|
15189TAQ0 | ||
Anticipated Ratings:
|
Moodys Ba1 S&P BBB- Fitch BBB- |
||
Joint Book-Running Managers:
|
Greenwich Capital Markets,
Inc. Lehman Brothers Inc. Wachovia Capital Markets, LLC |
||
Co-Managers:
|
Barclays Capital Inc. HSBC Securities (USA) Inc. Lazard Capital Markets LLC RBC Capital Markets Corporation SunTrust Robinson Humphrey, Inc. Wells Fargo Securities, LLC |