<div id="readability-page-1">10:43 AM EST, 12/22/2025 (MT Newswires) -- Xcel Energy ( XEL ) said Monday it waived the maximum purchase condition of its three separate cash tender offers for three series of first mortgage bonds issued by its subsidiary Northern States Power, with about $506.7 million validly tendered.The company said it will accept all bonds tendered in full under the offers, which expired Friday.Listed in order of acceptance priority, validly tendered were around $179 million of 3.600% series due May 15, 2046; $147.6 million of 4.00% series due Aug. 15, 2045; and $180.1 million of 4.125% series due May 15, 2044, Xcel said.In addition, about $2.5 million of bonds were tendered under the guaranteed delivery procedures and remain subject to holders meeting delivery requirements.Xcel said the settlement date will be on Wednesday.Price: 73.09, Change: +0.42, Percent Change: +0.58 MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.</div>

Xcel Energy announced it waived the maximum purchase condition for its cash tender offers on three series of first mortgage bonds, accepting all $506.7 million tendered. The bonds include $179 million of 3.600% series due 2046, $147.6 million of 4.00% series due 2045, and $180.1 million of 4.125% series due 2044. Settlement is set for Wednesday.

Xcel Energy Waives Maximum Purchase Condition in Tender Offers for First Mortgage Bonds