The Oklahoman

ENABLE, CENTERPOIN­T CLOSE DEAL

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Enable Midstream Partners LP has closed the previously announced $363 million private placement with CenterPoin­t Energy Inc.

Under terms of the deal, Centerpoin­t bought 10 percent Series A fixed-to-floating noncumulat­ive redeemable perpetual preferred units from Enable at $25 a unit.

Enable said it used proceeds from the private placement to redeem $363 million in notes scheduled to mature in 2017 and payable to a subsidiary of CenterPoin­t Energy Resources Corp.

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