CenterPoint Energy's subsidiary agreed to issue $260 million in bonds for debt repayment and capital spending, bringing cash but adding interest costs and claims on utility assets. The filing names no added income from the spending, so the outlook is little changed.
This gives the utility cash for debt coming due and planned spending. But it must pay interest, and the bonds are backed by utility assets. The filing does not say the spending will bring in more money, so the outlook remains much the same.
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