secwatch.observer — SEC 8-K summary
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Issuer:     XCEL ENERGY INC (XEL)
CIK:        0000072903
Form:       8-K
Filed at:   2025-12-15T23:59:59+00:00
Accession:  0001193125-25-318611
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Xcel Energy launches up to $345M cash tender for three series of NSPM first mortgage bonds
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- Offers to purchase up to $345M aggregate principal of three series of first mortgage bonds issued by subsidiary NSPM.
- Series with acceptance priorities: 3.600% due 2046 (highest), 4.00% due 2045, 4.125% due 2044 (lowest).
- Fixed spread of +45 bps over reference UST; total consideration set on Dec 19, 2025 price determination date.
- Offers expire Dec 19, 2025; settlement expected Dec 24, 2025; no minimum tender condition.
- Xcel Energy may increase or waive the $345M maximum purchase amount in its sole discretion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/72903/000119312525318611/0001193125-25-318611-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72903/000119312525318611/d72378d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-318611

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