01—Abstract
Summary
Summary of the 8-K filed November 19, 2002. Cited figures are marked; the original filing is the authoritative source.
Xcel Energy Inc. (XEL) filed an 8-K on November 19, 2002, to disclose information related to a proposed private placement of long-term debt.
This filing primarily serves to provide potential investors with an Offering Memorandum containing updated financial and other relevant information about the company. The debt issuance is intended to be a private placement, meaning it will not be registered under the Securities Act of 1933, and will only be offered or sold outside the United States or under an exemption from U.S. registration requirements.
02—Key points
Key Highlights
- Xcel Energy is planning a private placement of long-term debt.
- An Offering Memorandum has been prepared for potential debt purchasers.
- The debt offering is not registered under the Securities Act of 1933.
- The debt will not be offered or sold in the U.S. without registration or an applicable exemption.
- Exhibit 99.01 contains excerpts from the Offering Memorandum with updated company information.
- Richard C. Kelly, Vice President and Chief Financial Officer, signed the filing.
03—Questions
Frequently Asked Questions
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to disclose Xcel Energy's intention to conduct a private placement of long-term debt and to provide potential investors with an Offering Memorandum containing updated financial and other company information.
Will this debt be publicly traded in the United States?
No, the debt will not be offered or sold in the United States unless it is registered under the Securities Act of 1933 or an applicable exemption from registration requirements is met. This filing indicates it is a private placement.
What information is available in Exhibit 99.01?
Exhibit 99.01 contains excerpts from the Offering Memorandum, which includes updated financial and other information pertaining to Xcel Energy, intended for potential purchasers of the proposed long-term debt.
Who authorized the filing on behalf of Xcel Energy?
The filing was signed by Richard C. Kelly, Vice President and Chief Financial Officer of Xcel Energy Inc.
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