New Issue-CenterPoint Energy sells $300 mln 10-yr sr notes

May 12 (Reuters) - CenterPoint Energy Resources Corp, a
unit of CenterPoint Energy (CNP.N: Quote, Profile, Research), on Monday sold $300 million
of 10-year senior unsecured notes, said market sources.

The size of the deal was increased from the originally
planned $250 million.

Barclays Capital, Credit Suisse and Lehman Brothers were
the joint bookrunning managers for the sale.
BORROWER: CENTERPOINT ENERGY RESOURCES CORP
AMT $300 MLN COUPON 6.00 PCT MATURITY 5/15/2018
TYPE SR UNSEC NTS ISS PRICE 99.171 FIRST PAY 11/15/2008
MOODY'S Baa3 YIELD 6.112 PCT SETTLEMENT 5/15/2008
S&P TRIPLE-B SPREAD 235 BPS PAY FREQ SEMI-ANNUAL
FITCH TRIPLE-B MORE THAN TREAS MAKE-WHOLE CALL 35 BPS