CenterPoint Energy announces $250M common stock offering

CenterPoint Energy announced that it intends to sell $250M of shares of its common stock in an underwritten public offering, subject to market and other conditions. CenterPoint Energy intends to use the net proceeds from the offering for general corporate purposes, including repayment of a portion of our outstanding commercial paper. Proceeds from its commercial paper were used for general corporate purposes, including working capital purposes. Barclays Capital and Citigroup are acting as joint book-running managers and underwriters for the offering.