Xcel Energy Inc.
Xcel Energy Inc. enters into $750 million Term Loan Facility
Summary
On January 30, 2026, Xcel Energy Inc. entered into a $1.5 billion 364-Day Delayed Draw Term Loan Agreement with U.S. Bank National Association as administrative agent, borrowing $750 million to finance general corporate operations. The Term Loan Facility, unsecured and maturing on January 30, 2027, bears interest at either the Term SOFR rate plus a margin or an alternate base rate. The facility includes financial covenants and conditions precedent, and is subject to acceleration upon an event of default.
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About Xcel Energy Inc.
Xcel Energy Inc. is a prominent utility company engaged in the generation, transmission, and distribution of electricity and natural gas. Primarily serving customers across eight states in the U.S., including the regions of the Midwest and Rocky Mountain areas, Xcel Energy plays a vital role in supplying energy to millions of residential, commercial, and industrial consumers. With a focus on sustainability and renewable energy, the company is actively expanding its renewable energy portfolio, investing in wind and solar power projects to reduce carbon emissions and promote cleaner energy solutions. Xcel Energy's operations are crucial for powering essential infrastructure and supporting economic activity in its service areas, making it a key player in the energy sector. Its commitment to innovation in energy production and distribution not only meets current demand but also gears towards future energy challenges in an evolving market landscape.
Official SEC Documents
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