XELLL

About XELLL

Xcel Energy Inc. 6.25% Junior Subordinated Notes due 2085 are long-term debt securities issued by Xcel Energy Inc., a major provider of electric and natural gas utility services in the United States. These notes represent a $900 million offering, featuring a fixed annual coupon rate of 6.25% with interest payments to investors over a term that extends until October 15, 2085. Classified as junior subordinated notes, they rank below senior debt obligations in Xcel Energy’s capital structure, which means they carry greater risk but often offer higher yield to compensate holders. This issuance is designed to provide long-duration capital, supporting Xcel Energy’s infrastructure investments and ongoing utility operations in regulated electric and natural gas sectors. The exceptionally long maturity reflects a strategic approach to capital structure, offering the company flexibility and liquidity for decades. Legal and tax opinions provided by Jones Day, along with detailed regulatory filings, accompany the issuance, assuring compliance and transparency for market participants. These notes contribute to Xcel Energy’s funding base and play a key role in its financial management, backing essential power and utility services for millions of customers.