secwatch.observer — SEC 8-K summary
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Issuer:     XCEL ENERGY INC (XEL)
CIK:        0000072903
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001193125-24-253127
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Xcel Energy upsizes equity forward offering; underwriters exercise option for additional 2.75M shares
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- Underwriters fully exercised 30-day option to purchase an additional 2,748,091 shares of common stock.
- Xcel entered additional forward sale agreements with Barclays and Bank of America for those shares.
- Initial forward price set at $64.4356 per share, implying ~$177M additional notional value.
- Offering supplements the 18,320,610 shares under prior Nov 4 forward agreements.
- Proceeds will support general corporate purposes including capital expenditure plans.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/72903/000119312524253127/0001193125-24-253127-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72903/000119312524253127/d836860d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-253127

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