01—Abstract
Summary
Summary of the 8-K filed February 19, 2003. Cited figures are marked; the original filing is the authoritative source.
This 8-K filing from Xcel Energy Inc. (XEL) on February 19, 2003, primarily announces the filing of a Registration Statement on Form S-1.
This statement concerns the registration for resale of $230 milliona in aggregate principal amount of Xcel Energy's 7 1/2% Convertible Senior Notes due 2007. It also covers the common stock issuable upon conversion of these notes and associated stockholder protection rights. The filing indicates that this action is taken in accordance with a Registration Rights Agreement from November 21, 2002.
The notes were initially issued under an indenture dated the same day. This filing serves to update investors on the process of making these previously issued securities available for public sale by certain selling security holders. Investors should note that this report focuses on the registration process for these specific debt securities and their potential equity conversion, rather than new financial results or operational updates.
02—Key points
Key Highlights
- Xcel Energy filed a Registration Statement (Form S-1) on February 14, 2003.
- The registration covers $230 million in principal amount of 7 1/2% Convertible Senior Notes due 2007.
- The filing also pertains to the common stock issuable upon conversion of these notes.
- Stockholder protection rights associated with the common stock are also included in the registration.
- This action is in compliance with a Registration Rights Agreement dated November 21, 2002.
- The Convertible Senior Notes were initially issued under an indenture dated November 21, 2002.
03—Questions
Frequently Asked Questions
What is the primary purpose of this Form 8-K filing?
The primary purpose of this filing is to announce that Xcel Energy Inc. has submitted a Registration Statement (Form S-1) to the SEC. This registration statement allows for the resale of previously issued convertible senior notes and the common stock issuable upon their conversion.
What specific securities are being registered for resale?
The securities being registered for resale are $230 million in aggregate principal amount of Xcel Energy's 7 1/2% Convertible Senior Notes due 2007, the common stock issuable upon conversion of these notes, and associated stockholder protection rights.
Does this filing represent a new debt issuance or offering?
No, this filing does not represent a new debt issuance. It relates to the registration for resale by certain existing security holders of notes that were originally issued on November 21, 2002.
Where can I find more information about the initial issuance of these notes?
The filing mentions that for more information regarding the initial issuance of the Notes, investors can refer to Xcel Energy's Current Report on Form 8-K filed on November 21, 2002.
04—Continue