16.8.2007: Meldung: Xcel Energy: Debt Financing
Wednesday August 15, 11:16 am ET
MINNEAPOLIS----Xcel Energy subsidiary Public Service Company of Colorado (PSCo) today announced it has sold $350 million of its 30-year first mortgage bonds with an annual interest rate of 6.25 percent. The bonds are redeemable at any time subject to certain "make whole" provisions.
Proceeds from the sale of the first mortgage bonds will be added to our general funds and a portion will be applied to the repayment of short-term debt, including short-term debt incurred to fund the payment at maturity of $100 million of 7.11% secured medium-term notes, which matured on March 5, 2007. The balance of the net proceeds will be used for general corporate purposes.
BNP Paribas, Credit Suisse and JPMorgan acted as joint book runners for the offering. Lazard Capital Markets and Scotia Capital were co-managers for the offering.
A written prospectus may be obtained by writing to Xcel Energy Inc., Corporate Finance, 1225 17th Street, 11th Floor, Denver, CO 80202.
Financial analysts may call:
Paul Johnson, 612-215-4535
managing director, Investor Relations
Jack Nielsen, 612-215-4559
director, Investor Relations
News media may call:
Xcel Energy Media Relations, 612-215-5300
Source: Xcel Energy