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    SEC Form 8-K filed by Xcel Energy Inc.

    3/21/25 11:13:48 AM ET
    $XEL
    Power Generation
    Utilities
    Get the next $XEL alert in real time by email
    8-K
    XCEL ENERGY INC false 0000072903 0000072903 2025-03-21 2025-03-21

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

     

    FORM 8-K

     

     

    CURRENT REPORT

    Pursuant to Section 13 OR 15(d)

    of The Securities Exchange Act of 1934

    Date of Report (Date of earliest event reported) March 21, 2025

     

     

    Xcel Energy Inc.

    (Exact name of registrant as specified in its charter)

     

     

     

    Minnesota   001-3034   41-0448030

    (State or other jurisdiction of

    incorporation)

     

    (Commission

    File Number)

     

    (IRS Employer

    Identification No.)

     

    414 Nicollet Mall

    Minneapolis, Minnesota

      55401
    (Address of principal executive offices)   (Zip Code)

    (612) 330-5500

    (Registrant’s telephone number, including area code)

    N/A

    (Former name or former address, if changed since last report)

     

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

     

    ☐

    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     

    ☐

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     

    ☐

    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     

    ☐

    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class

     

    Trading

    Symbol(s)

     

    Name of each exchange

    on which registered

    Common Stock, $2.50 par value per share   XEL   Nasdaq Stock Market LLC

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

    Emerging growth company ☐

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     

     

     


    Item 8.01.

    Other Events.

    On March 21, 2025, Xcel Energy Inc., a Minnesota corporation (“Xcel Energy”), issued $350,000,000 in aggregate principal amount of 4.75% Senior Notes, Series due March 21, 2028, and $750,000,000 in aggregate principal amount of 5.60% Senior Notes, Series due April 15, 2035 (collectively, the “notes”), pursuant to an Underwriting Agreement, dated March 18, 2025, by and among Xcel Energy and BMO Capital Markets Corp., MUFG Securities Americas Inc., and Wells Fargo Securities, LLC, as representatives of the underwriters named therein. The notes are being issued pursuant to the registration statement on Form S-3 (File No. 333-278797). A prospectus supplement relating to the offering and sale of the notes was filed with the Securities and Exchange Commission on March 19, 2025. The notes will be governed by Xcel Energy’s Indenture, dated as of December 1, 2000, as supplemented, between Xcel Energy and U.S. Bank Trust Company, National Association (as successor to Computershare Trust Company, N.A.), as trustee, and the Supplemental Indenture No. 19, dated as of March 21, 2025.

    This Current Report on Form 8-K is being filed to report as exhibits certain documents in connection with that offering and sale for incorporation by reference into the registration statement.

     

    Item 9.01.

    Financial Statements and Exhibits.

    (d) Exhibits

     

    Exhibit

      

    Description

    4.01    Supplemental Indenture No. 19, dated as of March 21, 2025 by and between Xcel Energy Inc. and U.S. Bank Trust Company, National Association (as successor to Computershare Trust Company, N.A.), as trustee, creating $350,000,000 aggregate principal amount of 4.75% Senior Notes, Series due March 21, 2028 and $750,000,000 aggregate principal amount of 5.60% Senior Notes, Series due April 15, 2035.
    5.01    Opinion of Amy L. Schneider regarding the validity of the notes.
    104    Cover Page Interactive Data File (embedded within the Inline XBRL document).


    SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

    Xcel Energy Inc.

    (a Minnesota corporation)

    By  

    /s/ Todd Wehner

    Name:   Todd Wehner
    Title:   Vice President, Treasurer

    Date: March 21, 2025

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