SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): MAY 30, 2003
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CENTERPOINT ENERGY, INC.
(Exact name of registrant as specified in its charter)
TEXAS 1-31447 74-0694415
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
1111 LOUISIANA
HOUSTON, TEXAS 77002
(Address of principal executive offices) (Zip Code)
Registrants' telephone number, including area code: (713) 207-1111
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ITEM 5. OTHER EVENTS.
CenterPoint Energy, Inc. announced today that it has permanently
reduced its bank credit facility by approximately $1 billion to $2.846 billion.
This reduction has resulted in the extinguishment of the rights granted to the
lenders under its credit facility to receive warrants to purchase up to 10% of
the CenterPoint Energy common stock. This reduction also has eliminated an
additional limitation on dividends on the CenterPoint Energy common stock that
would have been applicable under the credit facility in 2004. Additionally,
CenterPoint Energy has received approval from the Securities and Exchange
Commission to pledge the Texas Genco Holdings, Inc. stock it owns as security
for the credit facility.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
CENTERPOINT ENERGY, INC.
Date: May 30, 2003 By: /s/ James S. Brian
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James S. Brian
Senior Vice President and
Chief Accounting Officer