HOUSTON, May 25, 2016 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) has established June 6, 2016, as an Additional Interest Regular Record Date under the terms of its 2.0 percent Zero-Premium Exchangeable Subordinated Notes due 2029 (ZENS). Additional Interest of $12.5505 per ZENS note will be paid on June 20, 2016, to holders of record as of the close of business on the Additional Interest Regular Record Date.   

The payment of Additional Interest reflects cash distributed in respect of the Reference Shares attributable to one ZENS note in connection with the Charter Communications, Inc. and Time Warner Cable Inc. merger, which closed on May 18, 2016. The Additional Interest of $12.5505 per ZENS note was calculated as the product of 0.125505 share of Time Warner Cable Inc. common stock per ZENS note and the $100 per share cash merger consideration.

After the closing of the Charter Communications, Inc. and Time Warner Cable Inc. merger, the Reference Shares for each ZENS note consisted of 0.5 share of Time Warner Inc. common stock, 0.0625 share of Time Inc. common stock and 0.061382 share of Charter Communications, Inc. (the new public parent company resulting from the Charter Communications, Inc. and Time Warner Cable Inc. merger) common stock.

Capitalized terms not otherwise defined in this press release have the meanings given to such terms in the indenture governing the ZENS.           

CenterPoint Energy, headquartered in Houston, Texas, is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution and energy services operations. The company serves more than five million metered customers primarily in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma, and Texas. The company also owns a 55.4 percent limited partner interest in Enable Midstream Partners, a publicly traded master limited partnership it jointly controls with OGE Energy Corp., which owns, operates and develops natural gas and crude oil infrastructure assets. With more than 7,400 employees, CenterPoint Energy and its predecessor companies have been in business for more than 140 years. For more information, visit the website at www.CenterPointEnergy.com.

This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. 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. Any statements in this news release regarding future events and other statements that are not historical facts are forward-looking statements that involve risks and uncertainties including market conditions and other factors discussed in CenterPoint Energy's Form 10-K for the fiscal year ended Dec. 31, 2015, CenterPoint Energy's Form 10-Q for the quarter ended March 31, 2016, and CenterPoint Energy's other filings with the Securities and Exchange Commission. Each forward-looking statement contained in this news release speaks only as of the date of the release.   

For more information contact
Media:
Leticia Lowe
Phone      713.207.7702
Investors:
David Mordy
Phone      713.207.6500

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SOURCE CenterPoint Energy, Inc.