Hunton Advises on CenterPoint’s Offering of $650M Convertible Senior Notes

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February 26, 2026
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Hunton Andrews Kurth LLP advised the initial purchasers in connection with CenterPoint Energy, Inc.’s (CenterPoint) offering of $650 million aggregate principal amount of equity-linked 2.875% convertible senior notes due 2029 (Notes), in a private placement under Rule 144A of the Securities Act of 1933, as amended, which included an additional $50 million in aggregate principal amount of Notes purchased pursuant to the exercise in full of the option granted to the initial purchasers pursuant to the purchase agreement for this offering. 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 February 26, 2026.

CenterPoint 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 systems.

The Hunton team included Peter K. O’BrienBrendan P. Harney, Reuben H. Pearlman, Catherine Bulger, and Jack ChatasRobert McNamaraWilliam Freeman, and David Kamins provided tax advice. Leslie Okinaka provided ERISA advice.

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