Dive Summary:
- Xcel Energy Inc.'s Public Service Company of Colorado (PSCo) announced Tuesday that it had closed two debt offerings valued at $500 million.
- The money will fund the repayment of short-term debt, as well as general corporate purposes, according to Xcel.
- The offering, which was managed by Goldman, Sachs & Co., J.P. Morgan Securities LLC, UBS Securities LLC and Wells Fargo Securities LLC, received an "A" from Fitch Ratings.
From the article:
"... The pair of debt offerings include $250 million of 2.5 percent bonds due March 15, 2023 and the same amount of 3.95 percent bonds due March 15, 2043. ..."
