secwatch.observer — SEC 8-K summary
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Issuer:     NORTHERN STATES POWER CO (—)
CIK:        0001123852
Form:       8-K
Filed at:   2025-05-07T23:59:59+00:00
Accession:  0001193125-25-114909
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Xcel Energy and subsidiaries amend credit agreements for $4.75B total, maturity Dec 2029
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- Xcel Energy: $2B facility; NSP-Minnesota $800M; PSCo $1.2B; SPS $600M; NSP-Wisconsin $150M.
- Facilities unsecured, mature December 2029, replacing Sep 2027 lines; two 1-year extensions possible.
- Interest rate margins based on credit ratings; Term SOFR plus 75-200 bps; ABR plus 0-100 bps.
- Financial covenant: funded debt to total capital ≤65% for Xcel, ≤70% for subsidiaries.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1123852/000119312525114909/0001193125-25-114909-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72903/000119312525114909/d944311d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-114909

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