-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, CW5iBGjmdVrah6ckMAba+4qYjAahmsI6efFUXwC9k3eHNcHimeHD9Gv77lu0Brar HSNKZ5qT6QHSwKQnf7RSVg== 0000950129-09-000023.txt : 20090106 0000950129-09-000023.hdr.sgml : 20090106 20090106171946 ACCESSION NUMBER: 0000950129-09-000023 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20090106 DATE AS OF CHANGE: 20090106 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CENTERPOINT ENERGY HOUSTON ELECTRIC LLC CENTRAL INDEX KEY: 0000048732 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 223865106 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-153916-01 FILM NUMBER: 09510923 BUSINESS ADDRESS: STREET 1: 1111 LOUISIANA CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 7132073000 MAIL ADDRESS: STREET 1: 611 WALKER CITY: HOUSTON STATE: TX ZIP: 77002 FORMER COMPANY: FORMER CONFORMED NAME: RELIANT ENERGY INC DATE OF NAME CHANGE: 19990513 FORMER COMPANY: FORMER CONFORMED NAME: HOUSTON INDUSTRIES INC DATE OF NAME CHANGE: 19970807 FORMER COMPANY: FORMER CONFORMED NAME: HOUSTON LIGHTING & POWER CO DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CENTERPOINT ENERGY HOUSTON ELECTRIC LLC CENTRAL INDEX KEY: 0000048732 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 223865106 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 1111 LOUISIANA CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 7132073000 MAIL ADDRESS: STREET 1: 611 WALKER CITY: HOUSTON STATE: TX ZIP: 77002 FORMER COMPANY: FORMER CONFORMED NAME: RELIANT ENERGY INC DATE OF NAME CHANGE: 19990513 FORMER COMPANY: FORMER CONFORMED NAME: HOUSTON INDUSTRIES INC DATE OF NAME CHANGE: 19970807 FORMER COMPANY: FORMER CONFORMED NAME: HOUSTON LIGHTING & POWER CO DATE OF NAME CHANGE: 19920703 FWP 1 h64470fwfwp.htm FREE WRITING PROSPECTUS - REGISTRATION NO.333-153916 fwp
Filed Pursuant to Rule 433
Registration Statement No. 33-153916-01
January 6, 2009
PRICING TERM SHEET
(to Preliminary Prospectus Supplement dated January 6, 2009)
         
Issuer:   CenterPoint Energy Houston Electric, LLC
   
 
    
Security:   7.00% General Mortgage Bonds, Series U, due 2014
   
 
    
Legal Format:   SEC Registered
   
 
    
Size:   $500,000,000
   
 
    
Trade Date:   January 6, 2009
   
 
    
Expected Settlement Date:   January 9, 2009
   
 
    
Maturity Date:   March 1, 2014
   
 
    
Coupon:   7.00%
   
 
    
Interest Payment Dates:   March 1 and September 1, commencing September 1, 2009
   
 
    
Price to Public:   99.978%
   
 
    
Benchmark Treasury:   1.500% due December 31, 2013
   
 
    
Benchmark Treasury Yield:   1.714%
   
 
    
Spread to Benchmark Treasury:   +528.6 basis points
   
 
    
Re-offer Yield:   7.00%
   
 
    
Make-whole call:   At any time at a discount rate of Treasury plus 50 basis points
   
 
    
CUSIP:   15189X AJ7
   
 
    
Anticipated Ratings:  
Moody’s
  Baa2
   
Standard & Poor’s    
  BBB+
   
Fitch
  BBB+
   
 
    
Joint Book-Running Managers:        Credit Suisse Securities (USA) LLC
    Scotia Capital (USA) Inc.
    UBS Securities LLC
   
 
    
Co-Managers:   Comerica Securities, Inc.
    HSBC Securities (USA) Inc.
    Mitsubishi UFJ Securities International plc
    RBC Capital Markets Corporation
    SunTrust Robinson Humphrey, Inc.
    Wells Fargo Securities, LLC
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 website 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 Credit Suisse Securities (USA) LLC toll free at 800-221-1037, Scotia Capital (USA) Inc. toll free at 800-372-3930 or UBS Securities LLC toll free at 877-827-6444, ext. 561-3884.

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