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Press release from Business Wire

Xcel Energy Announces Debt Financing

Thursday, May 09, 2013

Xcel Energy Announces Debt Financing

11:30 EDT Thursday, May 09, 2013

MINNEAPOLIS (Business Wire) -- Xcel Energy Inc. (NYSE: XEL) (Xcel Energy) today announced that it closed an offering of $450.0 million in aggregate principal amount of its 0.75% senior unsecured notes due May 9, 2016 (the Notes). The Notes are redeemable at any time subject to certain “make whole” provisions.

Net proceeds from the sale of the Notes will be used to repay short-term debt borrowings and for other general corporate purposes.

Barclays Capital Inc., Citigroup Global Markets Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated, acted as joint book-running managers for the offering.

This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities nor shall there be any sale of any securities in any jurisdiction in which an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The offering is being made only by means of a prospectus and related prospectus supplement. A prospectus supplement related to the offering has been filed with the Securities and Exchange Commission. Copies of the prospectus supplement and accompanying prospectus for the offering may be obtained on the Securities and Exchange Commission's website at www.sec.gov. Alternatively, any underwriter or dealer participating in the offering will send you the prospectus if you request it by calling (i) Barclays Capital Inc., toll free 1-888-603-5847, (ii) Citigroup Global Markets Inc. toll free at 1-800-831-9146, or (iii) Merrill Lynch, Pierce, Fenner & Smith Incorporated toll-free at 1-800-294-1322.

Xcel Energy (NYSE: XEL) is a major U.S. electricity and natural gas company that provides a comprehensive portfolio of energy-related products and services to 3.4 million electricity customers and 1.9 million natural gas customers through its regulated operating companies in eight Western and Midwestern states. Company headquarters are located in Minneapolis.

Xcel Energy
Financial analysts:
Paul Johnson, 612-215-4535
Vice President, Investor Relations & Business Development
or
News media inquiries:
Xcel Energy Media Relations, 612-215-5300

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