CenterPoint Energy Resources Corp. announces closing of $300 million senior notes offering

HOUSTON, Aug. 23, 2017

Deutsche Bank Securities, Goldman Sachs & Co. LLC, and Morgan Stanley served as joint bookrunners with BNY Mellon Capital Markets, LLC, Comerica Securities and PNC Capital Markets LLC as senior co-managers. Additionally, Academy Securities, a federal service disabled veteran and certified minority business enterprise firm, served as co-manager. 

"We are proud to work with such a distinguished group of investment banks to help finance our business to provide safe and reliable natural gas service for our customers," said Scott Doyle, senior vice president of Natural Gas Distribution. "This transaction also reflects our commitment to increasing supplier diversity within our financing requirements."

This news release does not constitute an offer to sell, or the solicitation of any offer to buy, any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offering would be unlawful.

This news release includes forward-looking statements. Actual events and results may differ materially from those projected.  The statements in this news release regarding the use of proceeds from the offering and other statements that are not historical facts are forward-looking statements. Factors that could affect actual results include, but are not limited to, future financial performance and results of operations, the timing and impact of future regulatory and legislative decisions, weather variations, changes in business plans, financial market conditions and other factors discussed in CenterPoint Energy Resources Corp.'s Annual Report on Form 10-K for the period ended December 31, 2016, CenterPoint Energy Resources Corp.'s Quarterly Reports on Form 10-Q for the periods ended March 31, 2017, and June 30, 2017, and CenterPoint Energy Resources Corp.'s other filings with the Securities and Exchange Commission. A written prospectus may be obtained by visiting EDGAR on the SEC Website at https://www.sec.gov/.                             

CenterPoint Energy, Inc., 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 54.1 percent of the common and subordinated units representing limited partner interests 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 7,700 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years.