Xcel Energy Subsidiary Public Service Company of Colorado Announces Debt Financing

Tue Mar 26, 2013 10:27am EDT

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MINNEAPOLIS--(Business Wire)--
Xcel Energy Inc. (NYSE: XEL) subsidiary Public Service Company of Colorado
(PSCo) today announced that it closed an offering of $250.0 million of 2.50%
first mortgage bonds due March 15, 2023 (the 2023 Bonds) and $250.0 million of
3.95% first mortgage bonds due March 15, 2043 (the 2043 Bonds). The 2023 Bonds
and the 2043 Bonds are redeemable at any time subject to certain "make whole"
provisions prior to September 15, 2022 and September 15, 2042, respectively. On
or after these dates, the bonds are callable at par. 

Goldman, Sachs & Co., J.P. Morgan Securities LLC, UBS Securities LLC and Wells
Fargo Securities, LLC, acted as joint book-running managers for the offering. 

This announcement does not constitute an offer to sell or the solicitation of an
offer to buy these securities nor shall there be any sale of these securities in
any jurisdiction in which an offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of any such
jurisdiction. The offering is being made only by means of a prospectus and
related prospectus supplement. A prospectus supplement related to the offering
has been filed with the Securities and Exchange Commission. Copies of the
prospectus supplement and accompanying prospectus for the offering may be
obtained on the Securities and Exchange Commission`s website at www.sec.gov.
Alternatively, any underwriter or dealer participating in the offering will send
you the prospectus if you request it by calling Goldman, Sachs & Co., toll free
at 1-866-471-2526, J.P. Morgan Securities LLC collect at 1-212-834-4533, UBS
Securities LLC toll-free at 1- 877-827-6444, extension 561 3884, or Wells Fargo
Securities, LLC, toll free at 1-800-326-5897. 

Xcel Energy (NYSE: XEL) is a major U.S. electricity and natural gas company that
provides a comprehensive portfolio of energy-related products and services to
3.4 million electricity customers and 1.9 million natural gas customers through
its regulated operating companies in eight Western and Midwestern states.
Company headquarters are located in Minneapolis.

Xcel Energy
Financial analysts:
Paul Johnson, 612-215-4535
Vice President, Investor Relations & Business Development
News media inquiries:
Xcel Energy Media Relations, 612-215-5300 

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