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Public Service Company of Colorado Announces Redemption of 2.25% First Mortgage Bonds, Series No. 23 Due 2022
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MINNEAPOLIS--(BUSINESS WIRE)--
Public Service Company of Colorado, a Colorado corporation, announced today that it has submitted a redemption notice to The Depository Trust Company, as registered holder, to redeem all of its outstanding 2.25% First Mortgage Bonds, Series No. 23 due 2022 (the “Bonds”) on June 15, 2022 (the “Redemption Date”). The redemption price for the Bonds will be equal to 100% of the principal amount being redeemed plus accrued and unpaid interest thereon to but excluding the Redemption Date. The aggregate principal amount of Bonds currently outstanding is $300,000,000.
This press release does not constitute a notice of redemption of the Bonds. Holders of the Bonds should refer to the notice of redemption to be delivered through The Depository Trust Company.
This press release is not an offer to sell or a solicitation of an offer to buy any securities.
Xcel Energy Financial analysts:
Paul Johnson, 612-215-4535
Vice President, Treasurer & Investor Relations
or
News media inquiries:
Xcel Energy Media Relations, 612-215-5300
as a leading electric and natural gas energy company, we offer a comprehensive portfolio of energy-related products and services to 3.4 million electricity customers and 1.9 million natural gas customers across our eight states: colorado, michigan, minnesota, new mexico, north dakota, south dakota, texas and wisconsin. our workforce of more than 12,000 is rising to the challenge of a dynamic, constantly-changing utility industry. one that requires us to be even more customer focused, forward thinking and productive while remaining committed to meeting our customers’ fundamental need for safe, reliable, affordable energy. with nearly 50% of our workforce eligible to retire in the next five years, there’s never been a better time to come on board. do you have a passion for renewable energy, like wind or solar? or care about giving back to the community? you’ll be in a position to directly impact our energy future. at xcel energy, you’ll be challenged, respected and rewarded. you’ll find
