Xcel Energy ($XEL) issued $800M of 5.75% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2056 on…
Filed with the SEC on · Summarized by InvestorsBot
Xcel Energy ($XEL) issued $800M of 5.75% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2056 on Mar 3, 2026. Notes governed by Xcel’s Junior Subordinated Indenture and Supplemental Indenture No. 2 (Mar 3, 2026). 📈 #bonds #utilities
Underwriting Agreement dated Feb 26, 2026 names Barclays, Citi, Mizuho, MUFG & Truist as lead reps. Prospectus supplement filed Feb 26; offering made under Form S‑3 (File No. 333‑278797). 📝 $XEL #corporatefinance #SEC
Investor takeaway: these are junior subordinated notes (subordinate to senior debt) with a reset-rate feature—higher yield but more credit/rate risk. Trustee: U.S. Bank Trust Company, N.A. 🔎 $XEL #debt #investing