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Published on 7/30/2012 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

CenterPoint Energy Houston calls $800 million 5.75% and 7% bonds

By Tali David

Minneapolis, July 30 - CenterPoint Energy Houston Electric, LLC called $300 million of its 5.75% general mortgage bonds due Jan. 15, 2014 and $500 million of its 7% general mortgage bonds due March 1, 2014, according to an 8-K filed with the Securities and Exchange Commission.

The shares will be redeemed at par plus accrued interest and a make-whole premium on Aug. 27.

CenterPoint Energy Houston Electric is the electric transmission and distribution subsidiary of Houston-based CenterPoint Energy Inc.


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