CenterPoint Energy Resources, a subsidiary of CenterPoint Energy, has sold senior notes worth about $550 million in two parts. The company has raised $250 million from the 4.5% senior notes maturing in 2021 and $300 million from the 5.85% senior notes maturing in 2041. The net proceeds are expected to be used to repay the $550 million outstanding in its 7.75% senior notes maturing on Feb. 15, 2011. Bank of America Merrill Lynch, RBC, RBS and SunTrust Robinson Humphrey were the joint bookrunning managers for the transaction, adds Reuters.
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