New Issue-XCEL Energy Inc sells $550 mln in senior notes

Mon May 10, 2010 3:39pm EDT

  May 10 (Reuters) - XCEL Energy Inc (XEL.N) on Monday sold
$550 million of senior unsecured notes, said IFR, a Thomson
Reuters service.
  The size of the deal was increased from an originally
planned $500 million.
  Barclays Capital, Morgan Stanley and UBS were the joint
bookrunning managers for the sale.
BORROWER: XCEL ENERGY INC
AMT $550 MLN      COUPON 4.70 PCT     MATURITY 5/15/2020 
TYPE SR NOTES     ISS PRICE 99.676    FIRST PAY 11/15/2010
MOODY'S Baa1      YIELD 4.741 PCT     SETTLEMENT 5/13/2010
S&P TRIPLE-B      SPREAD 120 BPS      PAY FREQ SEMI-ANNUAL
FITCH BBB-PLUS     MORE THAN TREAS    MAKE-WHOLE-CALL 20 BPS