CenterPoint Energy IncCenterPoint replaced its $2.40B revolver with a smaller $2.20B five-year facility, modestly tightening leverage capacity while adding disaster-related covenant flexibility.

CenterPoint Energy, Inc. replaced its prior US$2.40 billion unsecured revolving credit facility with a new five-year senior unsecured revolving credit facility of US$2.20 billion in September 2026. The new facility includes swingline loan and standby letter of credit subfacilities, extendable maturities, and a covenant capping the company's debt-to-capitalization ratio at 67.5%. It also carries a built-in covenant adjustment that temporarily allows higher leverage if large, securitizable natural-disaster restoration costs arise in its service territory. The refreshed facility modestly tightens leverage capacity while adding disaster-related flexibility, and the company also completed Phase Two of the Greater Houston Resiliency Initiative. CenterPoint Energy's narrative projects $11.4 billion in revenue and $1.6 billion in earnings by 2029, with a $46.12 fair value estimate implying 20% upside.
CenterPoint Energy IncCenterPoint replaced its $2.40B revolver with a smaller $2.20B five-year facility, modestly tightening leverage capacity while adding disaster-related covenant flexibility.
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