June 12th, 2012 by InvestorPoint

Xcel Energy Inc. (NYSE: XEL) subsidiary Southwestern Public Service Company (SPS) today announced that it closed an offering of $100.0 million in aggregate principal amount of its 4.50% first mortgage bonds due August 15, 2041 (the Bonds). The Bonds are redeemable at any time subject to certain “make whole” provisions prior to February 15, 2041. On and after this date, the Bonds are callable at par. SPS intends to use a portion of the net proceeds from the sale of the Bonds to repay …continued
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