0001193125-17-263629.txt : 20170821 0001193125-17-263629.hdr.sgml : 20170821 20170821154803 ACCESSION NUMBER: 0001193125-17-263629 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20170821 DATE AS OF CHANGE: 20170821 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CENTERPOINT ENERGY RESOURCES CORP CENTRAL INDEX KEY: 0001042773 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 760511406 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-215833-02 FILM NUMBER: 171043101 BUSINESS ADDRESS: STREET 1: 1111 LOUISIANA ST CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 713-207-3000 MAIL ADDRESS: STREET 1: 1111 LOUISIANA ST CITY: HOUSTON STATE: TX ZIP: 77002 FORMER COMPANY: FORMER CONFORMED NAME: RELIANT ENERGY RESOURCES CORP DATE OF NAME CHANGE: 19990317 FORMER COMPANY: FORMER CONFORMED NAME: NORAM ENERGY CORP/ DATE OF NAME CHANGE: 19970808 FORMER COMPANY: FORMER CONFORMED NAME: HI MERGER INC DATE OF NAME CHANGE: 19970721 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CENTERPOINT ENERGY RESOURCES CORP CENTRAL INDEX KEY: 0001042773 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 760511406 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 1111 LOUISIANA ST CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 713-207-3000 MAIL ADDRESS: STREET 1: 1111 LOUISIANA ST CITY: HOUSTON STATE: TX ZIP: 77002 FORMER COMPANY: FORMER CONFORMED NAME: RELIANT ENERGY RESOURCES CORP DATE OF NAME CHANGE: 19990317 FORMER COMPANY: FORMER CONFORMED NAME: NORAM ENERGY CORP/ DATE OF NAME CHANGE: 19970808 FORMER COMPANY: FORMER CONFORMED NAME: HI MERGER INC DATE OF NAME CHANGE: 19970721 FWP 1 d442324dfwp.htm FWP FWP

Filed Pursuant to Rule 433

Registration No. 333-215833-02

August 21, 2017

PRICING TERM SHEET

(to Preliminary Prospectus Supplement dated August 21, 2017)

 

Issuer:

   

CenterPoint Energy Resources Corp.

Security:

   

4.10% Senior Notes due 2047

Legal Format:

   

SEC Registered

Anticipated Ratings*:

   

Baa2 / A- / BBB (Moody’s / S&P / Fitch)

Size:

    $300,000,000

Trade Date:

   

August 21, 2017

Expected Settlement Date:

   

August 23, 2017

Maturity Date:

   

September 1, 2047

Interest Payment Dates:

   

March 1 and September 1, commencing March 1, 2018

Coupon:

    4.10%

Price to Public:

    99.417%

Benchmark Treasury:

   

3.000% due May 15, 2047

Benchmark Treasury Yield:

    2.759%

Spread to Benchmark Treasury:

   

+137.5 basis points

Re-offer Yield:

    4.134%

Optional Redemption:

    Prior to March 1, 2047, greater of 100% or make-whole at a discount rate of Treasury plus 20 basis points (calculated to March 1, 2047); and on or after March 1, 2047, 100% plus, in either case, accrued and unpaid interest.

CUSIP:

   

15189W AJ9

Joint Book-Running Managers:

   

Deutsche Bank Securities Inc.

Goldman Sachs & Co. LLC

Morgan Stanley & Co. LLC

Senior Co-Manager:

   

BNY Mellon Capital Markets, LLC

Comerica Securities, Inc.

PNC Capital Markets LLC

Co-Managers:

   

Academy Securities, Inc.

*Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Deutsche Bank Securities Inc. toll-free at 1-800-503-4611, Goldman Sachs & Co. LLC toll-free at 1-866-471-2526 and Morgan Stanley & Co. LLC toll-free at 1-866-718-1649.