CenterPoint Energy has secured three revolving bank credit facilities worth $2.45 billion. The energy company has obtained the loans for the parent and wholly owned subsidiaries CenterPoint Energy Houston Electric (CEHE) and CenterPoint Energy Resources Corp. (CERC), which replaced their existing revolving credit facilities.
The three revolving five-year senior unsecured credit facilities include $1.2 billion at CenterPoint Energy, $300 million at CEHE and $950 million at CERC. JPMorgan Securities, RBS Securities and Merrill Lynch, Pierce, Fenner & Smith, along with Barclays Capital, Citigroup Global Markets, Deutsche Bank Securities and Wells Fargo Securities served as joint lead arrangers and bookrunners for the facilities.
Click here for the release from PR Newswire.