Hunton Andrews Kurth Represents Underwriters in Connection with Public Service Company of Colorado’s Offerings of Green Bonds and First Mortgage Bonds

Time 1 Minute Read
May 15, 2020
News

Hunton Andrews Kurth LLP advised the underwriters on SEC-registered offerings by Public Service Company of Colorado (the “Company”) of (i) $375 million aggregate principal amount of first mortgage bonds due 2051 (the “green bonds”) and (ii) $375 million aggregate principal amount of first mortgage bonds due 2031. An amount equal to the net proceeds from sale of the green bonds will be used to finance and/or refinance, in whole or in part, the Company’s existing and future eligible green expenditures.

The Company is a wholly-owned subsidiary of Xcel Energy Inc., and was incorporated in 1924 in Colorado. It generates, purchases, transmits, distributes and sells electricity. The Company also purchases, transports, distributes and sells natural gas to retail customers and sells customer-owned natural gas. It serves 1.5 million electric customers and 1.4 million natural gas customers.

The Hunton Andrews Kurth team included Pete O’Brien, Christina Kwon, Shelby Stanton and Matthew Hayes. Robert J. McNamara and Tim Strother provided tax advice.

Media Contact

Lisa Franz
Director of Public Relations

Jeremy Heallen
Public Relations Senior Manager
mediarelations@HuntonAK.com

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