Friday May 2, 08:53 PM
CenterPoint Energy to sell $300 million in unsecured notes
NEW YORK (AP) - Electric and gas utility CenterPoint Energy Inc. said Friday it plans to sell $300 million worth of senior unsecured notes.
The notes carry an interest rate of 6.5 percent, with interest paid twice annually, and
come due in 2018. The Houston-based company announced the sale in a filing with the Securities and Exchange Commission.
CenterPoint shares rose 14 cents to $15.69 in afternoon trading.
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