FWP 1 a06-20551_2fwp.htm FILING UNDER SECURITIES ACT RULES 163/433 OF FREE WRITING PROSPECTUSES

Final Term Sheet

Free Writing Prospectus

Filed Pursuant to Rule 433

Registration Statement No. 333-132724

SOUTHWESTERN PUBLIC SERVICE COMPANY

$200,000,000 SERIES E SENIOR NOTES, 5.60% DUE OCTOBER 1, 2016

FINAL TERMS AND CONDITIONS

Issuer:

 

Southwestern Public Service Company

Total Principal Amount:

 

$200,000,000

Pricing Date:

 

October 3, 2006

Settlement Date:

 

October 6, 2006

Maturity Date:

 

October 1, 2016

Interest Payment Dates:

 

Each April 1 and October 1, commencing on April 1, 2007

Reference Benchmark:

 

UST 4.875% due 8/15/2016

Benchmark Price:

 

102.03125

Benchmark Yield:

 

4.616%

Re-offer Spread:

 

T+ 100 bps

Re-offer Yield:

 

5.616%

Coupon:

 

5.60% semi-annual

Re-offer/Issue Price to Public:

 

99.880%

Make-Whole Call:

 

T +15 bps

CUSIP:

 

845743 BK 8

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 Barclays Capital Inc. toll free at 1-888-227-2775, ext. 2663, Citigroup Global Markets Inc., toll free at 1-877-858-5407 or KeyBanc Capital Markets, a division of McDonald Investments, Inc. toll free at 1-866-227-6479.



Final Term Sheet

Free Writing Prospectus

Filed Pursuant to Rule 433

Registration Statement No. 333-132724

SOUTHWESTERN PUBLIC SERVICE COMPANY

$250,000,000 SERIES F SENIOR NOTES, 6% DUE OCTOBER 1, 2036

FINAL TERMS AND CONDITIONS

Issuer:

 

Southwestern Public Service Company

Total Principal Amount:

 

$250,000,000

Pricing Date:

 

October 3, 2006

Settlement Date:

 

October 6, 2006

Maturity Date:

 

October 1, 2036

Interest Payment Dates:

 

Each April 1 and October 1, commencing on April 1, 2007

Reference Benchmark:

 

UST 4.50% due 2/15/2036

Benchmark Price:

 

95.96875

Benchmark Yield:

 

4.756%

Re-offer Spread:

 

T+130 bps

Re-offer Yield:

 

6.056%

Coupon:

 

6.00% semi-annual

Re-offer/Issue Price to Public:

 

99.231%

Make-Whole Call:

 

T +20 bps

CUSIP:

 

845743 BL 6

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 Barclays Capital Inc. toll free at 1-888-227-2775, ext. 2663, Citigroup Global Markets Inc., toll free at 1-877-858-5407 or KeyBanc Capital Markets, a division of McDonald Investments, Inc. toll free at 1-866-227-6479.