CenterPoint Energy Files 8-K for Material Agreement

TL;DR

CNP filed an 8-K for a material definitive agreement - details pending.

AI Summary

CenterPoint Energy, Inc. entered into a material definitive agreement on June 24, 2024, related to a financial obligation. The filing also includes information on Regulation FD disclosure and financial statements/exhibits. Specific details regarding the nature of the financial obligation and its dollar amount are not provided in this excerpt.

Why It Matters

This filing indicates a significant financial event or obligation for CenterPoint Energy, which could impact its financial standing and future operations.

Risk Assessment

Risk Level: medium — The filing indicates a material definitive agreement and financial obligation, but the lack of specific details about the agreement and its terms introduces uncertainty.

Key Players & Entities

• CENTERPOINT ENERGY INC (company) — Filer
• CENTERPOINT ENERGY HOUSTON ELECTRIC LLC (company) — Filer
• RELIANT ENERGY INC (company) — Former Company
• HOUSTON INDUSTRIES INC (company) — Former Company

FAQ

Key Financial Figures

• $0.01 — enterPoint Energy, Inc. Common Stock, $0.01 par value CNP The New York Stock Ex
• $300 million — an aggregate principal amount of up to $300 million. The Term Loan Agreement also permits t
• $200 million — commitments and/or loans not to exceed $200 million and subject to the satisfaction of cert
• $100 million — isaster are reasonably likely to exceed $100 million in a consecutive twelve-month period, a
• $425 — 24 Storm Events will be in the range of $425 to $475 million based on currently avai
• $475 million — Events will be in the range of $425 to $475 million based on currently available informatio

Filing Documents

• d811993d8k.htm (8-K) — 64KB
• d811993dex101.htm (EX-10.1) — 478KB
• 0001193125-24-167028.txt ( ) — 835KB
• cnp-20240624.xsd (EX-101.SCH) — 5KB
• cnp-20240624_cal.xml (EX-101.CAL) — 1KB
• cnp-20240624_def.xml (EX-101.DEF) — 15KB
• cnp-20240624_lab.xml (EX-101.LAB) — 19KB
• cnp-20240624_pre.xml (EX-101.PRE) — 15KB
• d811993d8k_htm.xml (XML) — 8KB

Forward-Looking Statements

Forward-Looking Statements This Current Report may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. All statements other than statements of historical fact included in this Current Report are forward-looking statements made in good faith by us and are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. When used in this Current Report, the words "anticipate," "believe," "continue," "could," "estimate," "expect," "forecast," "goal," "intend," "may," "objective," "plan," "potential," "predict," "projection," "should," "target," "will" or other similar words are intended to identify forward-looking statements. These forward-looking statements are based upon assumptions of management which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. Actual events and results may differ materially from those expressed or implied by these forward-looking statements. The Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, except as required by securities and other applicable laws. Forward-looking statements include, but are not limited to, the Company's anticipated borrowings pursuant to the Term Loan Agreement, the Company's estimates regarding system restoration costs for the damage resulting from the May 2024 Storm Events, CenterPoint Energy's earnings guidance and the timing and approval of securitization legislation. Each forward-looking statement contained in this Current Report speaks only as of the date of this report. Important factors that could cause actual results to differ materially from those indicated by the provided forward-looking information include, but are not limited to, risks and uncertainties relating to: (1) CenterPoint Energy's busine

Financial Statements and Exhibits

Financial Statements and Exhibits. The exhibit listed below is filed herewith. The Term Loan Agreement included as an exhibit is included only to provide information to investors regarding its terms. The Term Loan Agreement listed below may contain representations, warranties and other provisions that were made, among other things, to provide the parties thereto with specified rights and obligations and to allocate risk among them, and such agreement should not be relied upon as constituting or providing any factual disclosures about us, any other persons, any state of affairs or other matt ers. (d)Exhibits. EXHIBIT NUMBER EXHIBIT DESCRIPTION 10.1 Term Loan Agreement dated as of June 24, 2024 among CenterPoint Energy Houston Electric, LLC as borrower, Mizuho Bank, Ltd., as administrative agent, and the banks party thereto. 104 Cover Page Integrative Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CENTERPOINT ENERGY, INC. Date: June 24, 2024 By: /s/ Kristie L. Colvin Kristie L. Colvin Senior Vice President and Chief Accounting Officer SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CENTERPOINT ENERGY HOUSTON ELECTRIC, LLC Date: June 24, 2024 By: /s/ Kristie L. Colvin Kristie L. Colvin Senior Vice President and Chief Accounting Officer