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CenterPoint Energy 2.875% 15-May-2029

Issuer / Guarantor CenterPoint Energy Inc
Size USD 650mn
Type Convertible
Leads JP Morgan, Barclays, Citigroup, Morgan Stanley, Wells Fargo, BoA, Goldman Sachs
Maturity 15 May 2029 (3.2 years)
Coupon 2.875% (2.75 - 3.25%)
Premium 25% (25 - 30%)
Calls None
Puts t/o @ 100%
Div protection Ratio adjustment (for excess above threshold)
T/o protection Make-whole table
CoCo 130% to Feb 2029 (3 yrs)
Announced 23 Feb 2026


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