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Baker Botts Represents CenterPoint Energy in $700 Million Junior Subordinated Notes Offering

Release

HOUSTON, Aug. 3, 2026 – Baker Botts L.L.P., a leading international energy, technology, and life sciences law firm, represented CenterPoint Energy, Inc. (NYSE: CNP) in its underwritten public offering of $700 million aggregate principal amount of 6.400% Fixed-to-Fixed Reset Rate Junior Subordinated Notes, Series E, due 2058. The offering priced on July 30, 2026 and closed on August 3, 2026.

CenterPoint intends to use the net proceeds from the offering for general corporate purposes, including the repayment of a portion of its outstanding 4.25% Convertible Senior Notes due 2026 and its outstanding commercial paper. Mizuho Securities USA LLC, PNC Capital Markets LLC, Scotia Capital (USA) Inc., TD Securities (USA) LLC and U.S. Bancorp Investments, Inc. acted as representatives of the underwriters.

As the only investor-owned electric and gas utility based in Texas, CenterPoint Energy, Inc. is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Indiana, Minnesota, Ohio and Texas.

Baker Botts has extensive experience representing issuers and investment banks in debt and equity capital markets transactions. The firm’s Capital Markets team regularly advises clients on investment-grade and high-yield debt offerings, equity offerings, Rule 144A and Regulation S offerings, private placements, offerings of convertible securities and other complex financing transactions across a broad range of industries.

Baker Botts Lawyers/Offices Involved:
Corporate: Tim Taylor (Partner, Houston); Clint Rancher (Partner, Houston); Paul Robe (Special Counsel, Houston); Rob Cowan (Senior Associate, Austin); Jack Hennessy (Associate, Houston)

Tax: Michael Bresson (Partner, Houston); Jared Meier (Senior Associate, Houston); Will Cutler (Associate, Houston)


ABOUT BAKER BOTTS L.L.P.
Baker Botts is an international law firm whose lawyers practice throughout a network of offices around the globe. Based on our experience and knowledge of our clients' industries, we are recognized as a leading firm in the energy, technology and life sciences sectors. Since 1840, we have provided creative and effective legal solutions for our clients while demonstrating an unrelenting commitment to excellence. For more information, please visit bakerbotts.com.

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