Bond Xcel Energy 6.5% ( US98389BAH33 ) in USD

Issuer Xcel Energy
Market price refresh price now   105.38 %  ▲ 
Country  United States
ISIN code  US98389BAH33 ( in USD )
Interest rate 6.5% per year ( payment 2 times a year)
Maturity 01/07/2036



Prospectus brochure in PDF format

Minimal amount 1 000 USD
Total amount 300 000 000 USD
Cusip 98389BAH3
Standard & Poor's ( S&P ) rating BBB+ ( Lower medium grade - Investment-grade )
Moody's rating Baa1 ( Lower medium grade - Investment-grade )
Next Coupon 01/01/2027 ( In 127 days )
Detailed description Xcel Energy is a major U.S. energy company providing electricity and natural gas service to customers across eight states, focusing on clean energy sources and sustainable infrastructure development.

This informative financial article provides a comprehensive overview of a specific bond issuance by Xcel Energy, a prominent U.S. electric and natural gas utility company with its operational base extending across eight Western and Midwestern states from its Minneapolis, Minnesota headquarters, consistently delivering essential energy services to millions of customers through its regulated business model which underpins stable cash flows. Identified by ISIN US98389BAH33 and CUSIP 98389BAH3, this bond, originating from the United States, currently trades at 100% of its face value in USD, reflecting its par market price. It features an attractive annual interest rate of 6.5%, with payments scheduled semi-annually, corresponding to a frequency of two times per year, and represents a total issuance size of $300,000,000. Investors can participate with a minimal purchase size of $1,000. The debt instrument carries a maturity date of July 1, 2036, offering a long-term investment horizon. Furthermore, the bond boasts strong investment-grade credit ratings, with a BBB+ from Standard & Poor's (S&P) and a Baa1 from Moody's, both affirming Xcel Energy's robust financial health, disciplined management, and capacity to reliably meet its financial commitments, characteristics typical of a well-established utility with a predictable revenue base.
DateClean price
07/08/2024100.00%
02/09/2023105.38%