CenterPoint Energy Resources upsizes note tender to $400M, proration set
CERC raised its cash tender offers cap to $400M, removed the $100M cap on 2034 notes, will prorate the 2034 notes at ~43.8%, and will accept none of the other notes. Early settlement is expected Sept. 24, 2026.
8%, and accept none of the 2028s. Early settlement is expected Sept. Material DetailsContext by AI AnalystThis is a mid-cycle liability management move to optimize the debt stack…