CenterPoint Energy Resources Corp. Announces Cash Tender Offers for Certain Outstanding Notes

CenterPoint Energy Resources Corp. (“CERC”), an indirect, wholly owned subsidiary of CenterPoint Energy, Inc. (NYSE: CNP), announced today that it has commenced cash tender offers (each, a “Tender Offer” and collectively, the “Tender Offers”) for up to $350,000,000⁽¹⁾ aggregate purchase price (excluding Accrued Interest) (the “Aggregate Maximum Amount”) of the 4.10% Senior Notes due 2047 (the “2047 Notes”), 4.40% Senior Notes due 2032 (the “2032 Notes”), 5.40% Senior Notes due 2034 (the “2034 Notes”) and 4.00% Senior Notes due 2028 (collectively, the “Notes”), in the priorities set forth in the table below; provided, that the offer to purchase the 2047 Notes and the 2032 Notes will be subject collectively to an aggregate principal amount series tender cap in the amount of $300,000,000 (the “2047/2032 Notes Tender Cap”) and the offer to purchase the 2034 Notes will be subject to an aggregate principal amount series tender cap in the amount of $100,000,000 (the “2034 Notes Tender Cap”).

The Tender Offers are summarized in the table below:

Acceptance Priority Level(2)	Title of Notes	CUSIP Number	Principal Amount Outstanding	Series Tender Cap(3)	UST Reference Security	Bloomberg Reference Page(4)	Fixed Spread (bps)(5)
1	4.10% Senior Notes due 2047	15189W AJ9	$190,407,000	$300,000,000	5.125% UST due 8/15/2046	FIT1	+70
2	4.40% Senior Notes due 2032	15189W AP5	$500,000,000		4.375% UST due 8/31/2031	FIT1	+50
3	5.40% Senior Notes due 2034	15189W AS9	$400,000,000

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