Issuer:
|
Centerpoint Energy Resources Corp. | |
Security:
|
6.15% Senior Notes due 2016 | |
Size:
|
$325,000,000 | |
Maturity Date:
|
May 1, 2016 | |
Ratings:
|
Moodys Baa3 S&P BBB Fitch BBB |
|
Coupon:
|
6.15% | |
Interest Payment Dates:
|
May 1 and November 1, commencing November 1, 2006 | |
Price to public:
|
99.644% | |
Make-whole call:
|
At any time at a discount rate of Treasury plus 20 basis points | |
Expected Settlement Date:
|
May 18, 2006 | |
Underwriters:
|
Barclays Capital Inc. LaSalle Financial Services, Inc. Scotia Capital (USA) Inc. HSBC Securities (USA) Inc. Lazard Capital Markets LLC RBC Capital Markets Corporation Greenwich Capital Markets, Inc. SunTrust Capital Markets, Inc. Wells Fargo Securities, LLC |
|
Treasury Benchmark:
|
5.125% due May 15, 2016 | |
Treasury Yield:
|
5.149% | |
Reoffer Spread:
|
+105 basis points | |
Yield to Maturity:
|
6.199% |