MINNEAPOLIS--(BUSINESS WIRE)--
Xcel Energy Inc. (NYSE: XEL) subsidiary Southwestern Public Service
Company today announced that it closed an offering of $100.0 million of
4.50% first mortgage bonds due August 15, 2041. The bonds are redeemable
at any time subject to certain “make whole” provisions prior to February
15, 2041. On or after this date, the bonds are callable at par.
Deutsche Bank Securities Inc. and Mitsubishi UFJ Securities (USA), Inc.,
acted as joint book-running managers for the offering.
This announcement does not constitute an offer to sell or the
solicitation of an offer to buy these securities nor shall there be any
sale of these securities in any jurisdiction in which an offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such jurisdiction. The
offering is being made only by means of a prospectus and related
prospectus supplement. A prospectus supplement related to the offering
has been filed with the Securities and Exchange Commission. Copies of
the prospectus supplement and accompanying prospectus for the offering
may be obtained on the Securities and Exchange Commission’s website at www.sec.gov.
Alternatively, any underwriter or dealer participating in the offering
will send you the prospectus if you request it by calling Deutsche Bank
Securities Inc., toll free at 1-800-503-4611, or Mitsubishi UFJ
Securities (USA), Inc., toll free at 1-877-649-6848.
Xcel Energy (NYSE: XEL) is a major U.S. electricity and natural gas
company that provides a comprehensive portfolio of energy-related
products and services to 3.4 million electricity customers and 1.9
million natural gas customers through its regulated operating companies
in eight Western and Midwestern states. Company headquarters are located
in Minneapolis.
Xcel Energy
Financial analysts:
Paul Johnson, 612-215-4535
Vice
President, Investor Relations & Business Development
or
News
media inquiries:
Xcel Energy Media Relations, 612-215-5300
Source: Xcel Energy