CENTERPOINT ENERGY INC false 0001130310 CHX 0001130310 2023-09-01 2023-09-01 0001130310 exch:XNYS 2023-09-01 2023-09-01 0001130310 exch:XCHI 2023-09-01 2023-09-01

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 1, 2023

 

 

CENTERPOINT ENERGY, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Texas   1-31447   74-0694415

(State or other jurisdiction

of incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

 

1111 Louisiana  
Houston, Texas   77002
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (713) 207-1111

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

  

Trading
Symbol(s)

  

Name of each exchange

on which registered

Common Stock, $0.01 par value   CNP   The New York Stock Exchange
    NYSE Chicago

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2).

Emerging Growth Company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

Item 8.01 Other Events.

Redemption of Series A Preferred Stock

On September 1, 2023, CenterPoint Energy, Inc. (the “Company”) redeemed 800,000 shares of the Company’s Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock (“Series A Preferred Stock”), representing all of the outstanding shares of Series A Preferred Stock. The Company redeemed the outstanding shares of Series A Preferred Stock at a redemption price per share equal to $1,000 plus an amount equal to all accumulated and unpaid dividends thereon to, but excluding, September 1, 2023.

Southern Indiana Gas and Electric Company Remarketing of Tax-Exempt Debt

On September 1, 2023, Southern Indiana Gas and Electric Company (“SIGECO”), an indirect, wholly owned subsidiary of the Company, completed the remarketing of two series of tax-exempt debt issued by the City of Mount Vernon, Indiana (“Mount Vernon”) and Warrick County, Indiana (“Warrick County”), and secured by SIGECO first mortgage bonds of $38.2 million, comprised of: (i) $23 million aggregate principal amount of Environmental Improvement Revenue Bonds, Series 2015 issued by Mount Vernon and (ii) $15.2 million aggregate principal amount of Environmental Improvement Revenue Bonds, Series 2015 issued by Warrick County (collectively, the “bonds”). The bonds were subject to mandatory tender on September 1, 2023.

Effective September 1, 2023, the bonds of each series shall bear interest at a fixed rate of 4.250% per annum to the earlier of (i) its redemption date or (ii) September 1, 2028, at which time the bonds shall be subject to mandatory tender.

 

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    CENTERPOINT ENERGY, INC.
Date: September 1, 2023     By:  

/s/ Russell K. Wright

      Russell K. Wright
     

Vice President, Financial Planning and

Analysis & Interim Chief Accounting Officer

v3.23.2
Document and Entity Information
Sep. 01, 2023
Document And Entity Information [Line Items]  
Document Type 8-K
Document Period End Date Sep. 01, 2023
Entity Registrant Name CENTERPOINT ENERGY INC
Entity Incorporation, State or Country Code TX
Entity File Number 1-31447
Entity Tax Identification Number 74-0694415
Entity Address, Address Line One 1111 Louisiana
Entity Address, City or Town Houston
Entity Address, State or Province TX
Entity Address, Postal Zip Code 77002
City Area Code 713
Local Phone Number 207-1111
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company false
Amendment Flag false
Entity Central Index Key 0001130310
NEW YORK STOCK EXCHANGE, INC. [Member]  
Document And Entity Information [Line Items]  
Title of 12(b) Security Common Stock, $0.01 par value
Trading Symbol CNP
Security Exchange Name NYSE
NYSE CHICAGO, INC. [Member]  
Document And Entity Information [Line Items]  
Title of 12(b) Security Common Stock, $0.01 par value
Trading Symbol CNP
Security Exchange Name CHX
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