Xcel Energy (NYSE: XEL) subsidiary Public Service Company of Colorado (PSCo) today announced that it closed its offering of $400 million of its 10-year first mortgage bonds with an annual interest rate of 5.125 percent.PSCo intends to add the net proceeds from the sale of the first mortgage bonds to its general funds and apply a portion of such net proceeds to fund the payment at maturity of its $200 million of 6.875 percent unsecured senior notes due July 15, 2009. The balance of the net proceeds will be used for the repayment of utility money pool borrowings and general
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