Southern Company announces offering of $1.1 billion in aggregate principal amount of Convertible Senior Notes due June 15, 2027
Southern Company (The) (SO)
Last southern company (the) earnings: 4/30 06:30 am
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US:NYSE Investor Relations:
investor.southerncompany.com/information-for-investors/overview/default.aspx
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Source: PR Newswire
ATLANTA, May 6, 2024 /PRNewswire/ -- Southern Company (NYSE: SO) today announced an offering of $1.1 billion in aggregate principal amount of its convertible senior notes due June 15, 2027 (the "Convertible Notes") in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). In addition, Southern Company expects to grant the initial purchasers of the Convertible Notes an option to purchase, for settlement within a period of 13 days from, and including, the date the Convertible Notes are first issued, up to an additional $200 million in aggregate principal amount of the Convertible Notes.Final terms of the Convertible Notes, including the initial conversion price, interest rate and certain other terms of the Convertible Notes, will be determined at the time of pricing. The Convertible Notes will be senior, unsecured obligations of Southern Company. Interest on the Convertible Notes will be paid semia
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SO
Earnings
- 5/2/24 - Beat
SO
Sec Filings
- 5/17/24 - Form 4
- 5/16/24 - Form 144
- 5/14/24 - Form DEFA14A
- SO's page on the SEC website