CenterPoint amends convertibles to eliminate stock-only conversions

New York, Dec. 13 - CenterPoint Energy Inc. said it amended its $255 million principal amount of 2.875% convertible senior notes due 2024 to eliminate its right to settle conversions of the notes in stock only.

On conversion, the Houston energy delivery company will pay cash up to at least the principal amount of the notes and stock for any remaining value.

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