trending Market Intelligence /marketintelligence/en/news-insights/trending/C5Lk9LVndVVy8lGJeAElKg2 content esgSubNav
In This List

Xcel Energy issues $130M of senior notes

Blog

Insight Weekly: Cryptocurrency's growth; green bond market outlook; coal investors' windfall

Blog

Insight Weekly: Challenges for European banks; Japan's IPO slowdown; carmakers' supply woes

Blog

Q4’21 US Power Forecast: Will high commodity prices accelerate the energy transition?

Blog

Infographic: Q4’21 US Battery Storage by the Numbers


Xcel Energy issues $130M of senior notes

Xcel Energy Inc. issued $130 million of 4.00% senior notes due June 15, 2028, according to a May 28 filing.

Interest on the notes is payable semiannually on June 15 and Dec. 15, beginning on June 15, 2019.

The notes have a reoffer spread of 97.90 basis points. They were rated Baa1 by Moody's and BBB+ by S&P Global Ratings and Fitch Ratings.

Xcel Energy plans to use net proceeds to repay a portion of its outstanding short-term borrowings and for other general corporate purposes. As of March 31, the company had $1.25 billion of short-term borrowings outstanding on a consolidated basis.

Morgan Stanley & Co. LLC and MUFG Securities Americas Inc. served as joint book-running managers.