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CenterPoint Energy Houston sets redemption prices for 5.75%, 7% bonds
By Tali David
Minneapolis, Aug. 24 - CenterPoint Energy Houston Electric, LLC announced the redemption prices it will pay for $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 5.75% bonds will be redeemed at 107.332 on Aug. 27.
The 7% bonds will be redeemed at 109.397 on Aug. 27.
CenterPoint Energy Houston Electric is the electric transmission and distribution subsidiary of Houston-based CenterPoint Energy Inc.
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