CenterPoint Energy replaces revolving credit lines with new $4.6 billion facilities

Key covenant caps debt-to-capitalization at 67.5%, with a temporary 70% step-up tied to qualifying natural-disaster restoration costs.

CenterPoint Energy replaced four revolving credit facilities with new five-year facilities totaling $4.6 billion in commitments.

• The parent facility was reset to a $2.2 billion senior unsecured revolver, replacing a prior $2.4 billion facility signed in 2022.
• Houston Electric upsized its revolver to $1 billion from $300 million under a new five-year senior unsecured facility.
• No termination penalties were incurred on the cancelled facilities.