CenterPoint Energy's Subsidiary SIGECO Enters $350 Million Bond Purchase Agreement with Institutional Investors

Reuters
2025/07/02
CenterPoint Energy's Subsidiary SIGECO Enters $350 Million Bond Purchase Agreement with Institutional Investors

CenterPoint Energy Inc., through its wholly-owned subsidiary Southern Indiana Gas and Electric Company (SIGECO), has entered into a significant financing agreement with institutional investors in the private placement market. Under the Bond Purchase Agreement signed on July 1, 2025, SIGECO will issue First Mortgage Bonds totaling $350 million. This includes $100 million of 5.09% Series 2025B Tranche A Bonds due 2031 and $105 million of 5.52% Series 2025B Tranche B Bonds due 2035, both issued on July 1, 2025. Additionally, $45 million of 5.77% Series 2025C Tranche A Bonds due 2040 and $100 million of 6.18% Series 2025C Tranche B Bonds due 2055 are slated for issuance on October 1, 2025. These bonds will be secured under the Amended and Restated Mortgage Indenture, supplemented by a Fifth and Sixth Supplemental Indenture, ensuring that they are ratably secured alongside SIGECO's existing and future first mortgage bonds. The agreement includes customary representations and warranties, with Deutsche Bank Trust Company Americas serving as Trustee.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CenterPoint Energy Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001130310-25-000105), on July 01, 2025, and is solely responsible for the information contained therein.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10