Hunton Andrews Kurth Advises On CenterPoint Energy, Inc.’s Inaugural Offering of $1 Billion 4.25% Convertible Senior Notes

Hunton Andrews Kurth LLP advised the initial purchasers in connection with CenterPoint Energy, Inc.’s (“CenterPoint”) inaugural offering of $1 billion aggregate principal amount of equity-linked 4.25% Convertible Senior Notes due 2026 (“Notes”), in a private placement under Rule 144A of the Securities Act of 1933, as amended, which included an additional $100,000,000 in aggregate principal amount of Notes purchased pursuant to the exercise in full of the over-allotment option. The Notes may be converted into shares of CenterPoint’s common stock at an initial conversion rate tied to the price of CenterPoint’s common stock and as further described in the offering memorandum for this offering. The transaction closed on August 4, 2023.

CenterPoint Energy is a public utility holding company headquartered in Houston, Texas. CenterPoint, through its operating subsidiaries, owns and operates electric transmission, distribution and generation facilities and natural gas distribution facilities and provides energy services and other related activities.

The Hunton Andrews Kurth team included Peter K. O’Brien, Brendan P. Harney, Reuben H. Pearlman and Monika M. Dziewa. Robert McNamara and Tim Strother provided tax advice. Leslie Okinaka provided ERISA advice.