Final Term Sheet
Free Writing Prospectus
Filed Pursuant to Rule 433
Registration Statement No. 333-161521
XCEL ENERGY INC.
4.70% SENIOR NOTES, SERIES DUE MAY 15, 2020
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Issuer: |
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Xcel Energy Inc. |
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Ratings: |
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Baa1 / BBB / BBB+ (Stable / Positive / Stable) |
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Total Principal Amount: |
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$550,000,000 |
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Pricing Date: |
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May 10, 2010 |
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Settlement Date: |
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May 13, 2010 (T + 3) |
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Maturity Date: |
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May 15, 2020 |
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Interest Payment Dates: |
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May 15 and November 15 of each year, beginning on November 15, 2010 |
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Reference Benchmark Treasury: |
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3.625% due February 15, 2020 |
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Benchmark Treasury Price: |
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100-22 |
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Benchmark Treasury Yield: |
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3.541% |
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Re-offer Spread: |
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+120 bps |
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Re-offer Yield: |
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4.741% |
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Coupon: |
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4.70% |
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Price to Public: |
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99.676% |
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Make-Whole Call: |
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Prior to November 15, 2019, T+ 20 bps |
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Par Call: |
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On or after November 15, 2019 |
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CUSIP: |
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CUSIP
NUMBER: 98389B AM2 |
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Joint Bookrunners: |
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Barclays
Capital Inc. |
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UBS Securities LLC |
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Co-Managers: |
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Scotia
Capital (USA) Inc. |
Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Barclays Capital Inc., toll free at 1-888-603-5847, Morgan Stanley & Co. Incorporated, toll free at 1-866-718-1649 or UBS Securities LLC, toll-free at 1-877-827-6444 (ext. 561-3884).