CenterPoint Energy to sell $300 million in unsecured notes

By Associated Press May 2, 2008 Comments (0)

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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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DocumentId: 636493, ~/articles/articlehandler.aspx, 7/24/2008 8:19:40 AM,

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