NasdaqGS:XELElectric Utilities
The Bull Case For Xcel Energy (XEL) Could Change Following $800 Million Junior Subordinated Notes Offering
On March 3, 2026, Xcel Energy issued US$800,000,000 of 5.75% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2056 under its existing shelf registration, governed by its October 2025 junior subordinated indenture and a new supplemental indenture with U.S. Bank Trust Company as trustee.
This junior subordinated issuance adds a long-dated layer to Xcel Energy’s capital structure, potentially supporting its sizeable grid and generation investment plans without relying solely on common...