Xcel Energy’s $700 Million Public Offering of First Mortgage Bonds

Jones Day represented Xcel Energy Inc., on the deal.

Public Service Company of Colorado, a wholly owned subsidiary of Xcel Energy Inc., announced its underwritten public offering of $300 million in aggregate principal amount of 4.10% First Mortgage Bonds, Series No. 38 due June 1, 2032 and $400 million in aggregate principal amount of 4.50% First Mortgage Bonds, Series No. 39 due June 1, 2052.

Public Service Company of Colorado (PSCo) is an operating utility engaged primarily in the generation, purchase, transmission, distribution, and sale of electricity in Colorado, to a territory that includes Denver and other cities as well as rural sections of Colorado.

The Jones Day team was led by Robert Joseph (Picture).

Involved fees earner: Robert Joseph – Jones Day;

Law Firms: Jones Day;

Clients: Xcel Energy Inc.;

Martina Bellini

Author: Martina Bellini