What is the primary purpose of this 8-K filing?

The primary purpose of this 8-K filing is to announce and provide access to information regarding a private placement of long-term debt by Xcel Energy's subsidiary, Northern States Power Company. Excerpts from the subsidiary's Offering Circular are included for potential investors.

Why is the debt not registered under the Securities Act of 1933?

The debt is not registered because it is being offered in a private placement, typically to a limited number of sophisticated investors who can rely on exemptions from the registration requirements of the Securities Act of 1933. This is common for debt issuances not intended for the general public market.

What kind of information can investors find in the attached Offering Circular excerpts?

The excerpts from the Offering Circular would likely contain detailed information about Northern States Power Company, including its financial condition, business operations, terms of the debt being offered, and any associated risks. It's intended to provide potential debt purchasers with sufficient information to make an informed investment decision.

Does this filing indicate any new financial performance information for Xcel Energy?

This filing does not directly disclose new financial performance data for Xcel Energy. It primarily concerns a specific financing transaction by one of its subsidiaries. For detailed financial performance, investors should refer to Xcel Energy's quarterly (10-Q) and annual (10-K) reports, or other SEC filings that specifically report financial results.

XEL/XELLL 8-K SEC Disclosure

Summary

Xcel Energy Inc. (XEL) filed an 8-K on September 29, 2003, to disclose information related to a private placement of long-term debt by its wholly-owned subsidiary, Northern States Power Company (NSP). The report includes excerpts from an Offering Circular prepared for potential purchasers of this debt. This debt issuance is not registered under the Securities Act of 1933, indicating it is being offered to sophisticated investors who can rely on exemptions from registration requirements. Investors should note that this filing is primarily informational, detailing a financing activity of a subsidiary. The excerpts from the Offering Circular would provide more granular details about the debt itself, the financial health and prospects of NSP, and potentially Xcel Energy. The absence of registration suggests a private placement, which may have different disclosure standards and investor protections compared to publicly offered securities.

Key Highlights

1Xcel Energy's subsidiary, Northern States Power Company, is undertaking a private placement of long-term debt.
2The debt issuance is not registered under the Securities Act of 1933.
3Excerpts from the NSP Offering Circular are attached as Exhibit 99.01, providing further details.
4The filing serves to inform potential debt purchasers and the market about this financing event.
5Benjamin G.S. Fowke III, Vice President and Treasurer of Xcel Energy, signed the report.

XCEL ENERGY INC 8-K Report (Sep 29, 2003)

Summary

Key Highlights

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