Hunton Andrews Kurth Advises Purchasers of Southwestern Public Service Company’s Private Placement of $100 Million of First Mortgage Bonds

Time 1 Minute Read
September 8, 2023

Hunton Andrews Kurth LLP advised the purchasers in connection with Southwestern Public Service Company’s (“the Company”) issuance of $100 million aggregate principal amount of its 6.00% First Mortgage Bonds, Series No. 10 due September 15, 2053 (the “Bonds”), in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended. The Bonds were issued on September 8, 2023.

The Company, a wholly owned subsidiary of Xcel Energy Inc., is a utility engaged primarily in the generation, purchase, transmission, distribution and sale of electricity in portions of Texas and New Mexico. The Company provides electric utility service to approximately 0.4 million customers in Texas and New Mexico.

The Hunton Andrews Kurth team included Peter K. O’BrienBrendan P. Harney, Reuben H. Pearlman and Monika M. DziewaLeslie A. Okinaka provided ERISA advice.

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