CenterPoint Energy Houston Electric to sell 10-year mortgage bonds

By Cristal Cody

Eureka Springs, Ark., Aug. 8 – CenterPoint Energy Houston Electric, LLC intends to price an offering of series Z 10-year general mortgage bonds, according to a 424B2 filing with the Securities and Exchange Commission on Monday.

BofA Merrill Lynch, Deutsche Bank Securities Inc. and RBC Capital Markets, LLC are the bookrunners. The senior co-managers are BNY Mellon Capital Markets, LLC and Comerica Securities, Inc. The co-managers are Loop Capital Markets LLC and Mischler Financial Group, Inc.

Proceeds will be used for general limited liability company purposes.

CenterPoint Energy is a Houston-based electricity transmitter and distributor.

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