CenterPoint’s Sigeco unit calls $80 million 6.72% notes due 2029

By Wendy Van Sickle

Columbus, Ohio, Nov. 20 – Southern Indiana Gas and Electric Co., a wholly owned subsidiary of CenterPoint Energy, Inc., provided a notice of full redemption on Nov. 17 relating to its $80 million of outstanding 6.72% senior notes due 2029, according to an 8-K filing with the Securities and Exchange Commission.

The notes will be redeemed on Dec. 19 at the greater of par or the sum of the remaining scheduled payments of principal and interest, discounted to the redemption date on a semiannual basis at Treasuries plus 10 basis points, in each case plus accrued interest.

CenterPoint Energy is an electric utility based in Houston.

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