Summary
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.
Key Highlights
- 1Xcel Energy is planning a private placement of long-term debt.
- 2An Offering Memorandum has been prepared for potential debt purchasers.
- 3The debt offering is not registered under the Securities Act of 1933.
- 4The debt will not be offered or sold in the U.S. without registration or an applicable exemption.
- 5Exhibit 99.01 contains excerpts from the Offering Memorandum with updated company information.
- 6Richard C. Kelly, Vice President and Chief Financial Officer, signed the filing.