Xcel Energy Announces Pricing of Upsized Offering of $2,200,000,000 of 2.625% Convertible Senior Notes due 2027
Xcel Energy priced an offering of $2.2 billion aggregate principal amount of 2.625% convertible senior notes due 2027 in a private placement. The offering was increased from the previously announced $2 billion.
Why it matters — XEL watchers may note the increased size and terms of the company’s convertible debt offering.