Hunton Andrews Kurth LLP advised the underwriters on SEC-registered offerings by Southwestern Public Service Company (the “Company”) of (i) $650 million aggregate principal amount of its 5.300% First Mortgage Bonds, Series No. 13 due 2036 and (ii) $550 million aggregate principal amount of its 5.875% First Mortgage Bonds, Series No. 14 due 2056.
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 team included Peter K. O’Brien, Brendan P. Harney, Reuben H. Pearlman and Catherine I. Bulger. Robert McNamara, William Freeman and David Kamins provided tax advice.