CenterPoint Energy to Pay Additional Interest on Zero-Premium Exchangeable Subordinated Notes

HOUSTON, Jan. 22 /PRNewswire-FirstCall/ -- CenterPoint Energy, Inc. (NYSE: CNP) has established January 22, 2010, 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 $0.1943573 per ZENS note will be paid on February 5, 2010, to holders of record as of 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.  The amount being distributed was received in connection with the settlement of 2002 AOL Time Warner, Inc. securities and ERISA class action litigation.

(Logo:  http://www.newscom.com/cgi-bin/prnh/20020930/CNPLOGO)

CenterPoint Energy, Inc., headquartered in Houston, Texas, is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution, competitive natural gas sales and services, interstate pipelines, and field services operations.  The company serves more than five million metered customers primarily in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma, and Texas. Assets total nearly $19 billion.  With about 8,800 employees, CenterPoint Energy and its predecessor companies have been in business for more than 135 years.  For more information, visit the Web site at www.CenterPointEnergy.com.

This news release includes forward-looking statements. Actual events and results may differ materially from those projected. The statements in this news release regarding future events and other statements that are not historical facts are forward-looking statements. Factors that could affect actual results include the financial performance of CenterPoint Energy, the timing and impact of future regulatory decisions, and other factors discussed in CenterPoint Energy's Form 10-K for the period ended Dec. 31, 2008, and Form 10-Qs for the periods ended March 31, June 30, and September 30, 2009, and other filings with the Securities and Exchange Commission.

SOURCE CenterPoint Energy, Inc.

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED