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Xcel Energy launches $345mn bond buyback offer for its subsidiary NSPM

Xcel Energy initiates three public tender offers totalling $345mn on mortgage bonds issued by Northern States Power Company to optimise its long-term debt structure.

Xcel Energy launches $345mn bond buyback offer for its subsidiary NSPM

CountriesÉtats-Unis
CompaniesXcel Energy
SectorGaz
ThemeInvestissements & Transactions

Xcel Energy has announced the launch of three cash tender offers totalling up to $345mn for mortgage bonds issued by Northern States Power Company, a Minnesota-based subsidiary fully owned by the group. The operation targets three separate bond series maturing between 2044 and 2046, with acceptance based on a defined priority level.

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