CENTERPOINT ENERGY INC: issues $260,000,000 of SIGECO first mortgage bonds

What happened CENTERPOINT ENERGY INC filed an 8-K reporting that on Oct 20, 2026 Southern Indiana Gas and Electric Company ("SIGECO"), a wholly-owned subsidiary, entered into a Bond Purchase Agreement to sell $130,000,000 5.99% First Mortgage Bonds, Series 2026A, Tranche A due Oct 15, 2031 (issued Oct 20, 2026), $80,000,000 6.15% First Mortgage Bonds, Series 2026B, Tranche A due Dec 15, 2033 (to be issued Dec 15, 2026), and $50,000,000 6.33% First Mortgage Bonds, Series 2027A, Tranche A due Feb 15, 2037 (to be issued Feb 25, 2027).

Key details

• Series 2026A interest accrues at 5.99% per year, payable Apr 15 and Oct 15 beginning Apr 15, 2027; Series 2026B interest will accrue at 6.15% per year, payable Jun 15 and Dec 15 beginning Jun 15, 2027; Series 2027A interest will accrue at 6.33% per year, payable Feb 15 and Aug 15 beginning Aug 15, 2027.
• The Bonds are issued under SIGECO’s Amended and Restated Indenture of Mortgage and Deed of Trust, as supplemented (Seventh, Eighth and Ninth Supplemental Indentures), and will be secured ratably with SIGECO’s existing and future first mortgage bonds; Deutsche Bank Trust Company Americas is the Trustee.
• Proceeds will be used for general corporate purposes, including repaying short-term debt, refunding long-term debt at maturity or otherwise, and funding capital expenditures; proceeds may be temporarily invested, including in the Company’s money pool, until used.
• The Bonds will not be registered under the Securities Act and will be subject to transfer restrictions; SIGECO may prepay all or part of the Bonds (minimum 10% aggregate for partial prepayments) at 100% of principal plus accrued interest and any applicable make-whole amount.

Why it may matter The filing reports Item 1.01 (entry into a material definitive agreement) and Item 2.03 (creation of a direct financial obligation), covering the Bond Purchase Agreement, the terms and security of the Bonds, issuance schedule, interest rates, payment dates, and use of proceeds. The filing does not show why the company acted.