CCC

CenterPoint Energy Resources Corp. 5.85% 15-JAN-2041

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Key terms


Outstanding amount
‪300.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
5.85% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
5.33%
Maturity date
Jan 15, 2041
Term to maturity
16 years

About CenterPoint Energy Resources Corp. 5.85% 15-JAN-2041


Issuer
CenterPoint Energy Resources Corp.
Sector
Utilities
Industry
Electric Utilities
Issue date
Sep 14, 2011
FIGI
BBG0020581N7
CenterPoint Energy Resources Corp. engages in owning and operating natural gas distribution systems. It also offers variable and fixed-price physical natural gas supplies primarily to commercial and industrial customers and gas utilities. It operates through the following segments: Natural Gas Distribution, Energy Services, Midstream Investments, and Other Operations. The Natural Gas Distribution segment refers to the intrastate natural gas sales and natural gas transportation and distribution for residential, commercial, industrial, and institutional customers. The Energy Services segment represents the company’s non-rate regulated gas sales and services operations. The Midstream Investments segment includes equity investment in Enable. The Other Operations segment provides unallocated corporate costs and inter-segment eliminations. CenterPoint Energy Resources was founded in 1882 and is headquartered in Houston, TX.
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