-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NHM6KpQ1W2SCxIecb6g1KGlrfTjxBn76HhdL12fke4M6JrzRa+yLdqRQt+oOtaDr w4V202Euybp8rWs7xUXnUQ== 0001104659-08-050416.txt : 20080806 0001104659-08-050416.hdr.sgml : 20080806 20080806171518 ACCESSION NUMBER: 0001104659-08-050416 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080806 DATE AS OF CHANGE: 20080806 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PUBLIC SERVICE CO OF COLORADO CENTRAL INDEX KEY: 0000081018 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 840296600 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-141416 FILM NUMBER: 08995791 BUSINESS ADDRESS: STREET 1: 1225 17TH ST STE 900 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 3035717511 MAIL ADDRESS: STREET 1: P O BOX 840 STE 300 CITY: DENVER STATE: CO ZIP: 80201 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PUBLIC SERVICE CO OF COLORADO CENTRAL INDEX KEY: 0000081018 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 840296600 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 1225 17TH ST STE 900 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 3035717511 MAIL ADDRESS: STREET 1: P O BOX 840 STE 300 CITY: DENVER STATE: CO ZIP: 80201 FWP 1 a08-21059_1fwp.htm FWP

Final Term Sheet

 

Free Writing Prospectus

Filed Pursuant to Rule 433

Registration Statement No. 333-141416

August 6, 2008

 

PUBLIC SERVICE COMPANY OF COLORADO

 

$300,000,000 5.80% FIRST MORTGAGE BONDS, SERIES NO. 18 DUE 2018

$300,000,000 6.50% FIRST MORTGAGE BONDS, SERIES NO. 19 DUE 2038

 

Issuer:

 

Public Service Company of Colorado

Security Format:

 

SEC Registered

Ratings*:

 

A3/A/A (Stable/Stable/Stable)

Security Type:

 

First Mortgage Bonds

Pricing Date:

 

August 6, 2008

Settlement Date:

 

August 13, 2008

Interest Payment Dates:

 

Semi-annually on February 1 and August 1, commencing on February 1, 2009

Principal Amount:

 

$300,000,000

 

$300,000,000

Maturity Date:

 

August 1, 2018

 

August 1, 2038

Reference Benchmark:

 

3.875% due May 15, 2018

 

5.000% due May 15, 2037

Benchmark Price:

 

98-14

 

105-00

Benchmark Yield:

 

4.070%

 

4.681%

Re-offer Spread:

 

+175 bps

 

+185 bps

Re-offer Yield:

 

5.820%

 

6.531%

Coupon:

 

5.800%

 

6.500%

Issue Price to Public:

 

99.853%

 

99.598%

Make-Whole Call:

 

At any time at Treasury plus 30 bps

 

At any time at Treasury plus 30 bps

CUSIP:

 

744448 CB5

 

744448 CA7

Minimum Denominations:

 

$2,000/$1,000 in excess thereof

 

 

Joint Bookrunners:

 

Goldman, Sachs & Co.

Lehman Brothers Inc.

Co-Managers:

 

BMO Capital Markets Corp.

Mitsubishi UFJ Securities International plc

Scotia Capital (USA) Inc.

*Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

 

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates.  Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering.  You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov.  Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Goldman, Sachs & Co. toll free at 866-471-2526 or by calling Lehman Brothers Inc. toll free at 888-603-5847.

 

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