June 24, 2008 / 4:10 PM / 11 years ago

Northern States Power files $250 mln shelf offering

June 24 (Reuters) - Northern States Power Co, a subsidiary of Xcel Energy Inc. XEL.N, said on Tuesday it may periodically sell up to $250 million first mortgage bonds or senior unsecured debt securities.

The company said it intends to use the proceeds for repaying debt and other general corporate purposes.

Under a shelf registration filed with the U.S. Securities and Exchange Commission, a company may sell securities in one or more separate offerings with the size, price and terms to be determined at the time of sale. (Reporting by Shivani Singh in Bangalore)

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