9.10.2006: Meldung: Xcel Energy Subsidiary Announces Debt Financing

Xcel Energy subsidiary Southwestern Public Service Company today announced it has sold $200 million of its 10-year senior unsecured notes with an interest rate of 5.6 percent and $250 million of its 30-year senior unsecured notes with an interest rate of 6.0 percent. The notes are redeemable at any time subject to certain "make whole" provisions.

Net proceeds, together with other available funds, which may include short-term borrowings, will be used to pay at maturity $500 million of unsecured Series B Senior Notes, 5.125 percent due Nov. 1, 2006.

Barclays Capital, Citigroup and KeyBanc Capital Markets acted as joint book runners for the offering. Lazard Capital Markets, HSBC and U.S. Bancorp Investments Inc. were co-managers for the offering.

This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities. A copy of the prospectus and related prospectus supplement relating to the offering of the notes may be obtained by writing to Xcel Energy Inc., Corporate Finance, 414 Nicollet Mall, 4th Floor, Minneapolis, MN 55401.

Xcel Energy is a major U.S. electricity and natural gas company, with operations in eight Western and Midwestern states. Xcel Energy provides a comprehensive portfolio of energy-related products and services to 3.3 million electricity customers and 1.8 million natural gas customers through its regulated operating companies. Company headquarters are located in Minneapolis. More information regarding Xcel Energy is available at www.xcelenergy.com.


Contact:

Xcel Energy
Financial Analysts:
Dick Kolkmann, managing director, Investor Relations,
612-215-4559
or
Paul Johnson, director, Investor Relations, 612-215-4535

Source: Xcel Energy