Southern Company announces upsize and pricing of $1.3 billion in aggregate principal amount of Series 2024A 4.50% Convertible Senior Notes due June 15, 2027
Southern Company (The) (SO)
Last southern company (the) earnings: 4/30 06:30 am
Check Earnings Report
US:NYSE Investor Relations:
investor.southerncompany.com/information-for-investors/overview/default.aspx
Company Research
Source: PR Newswire
ATLANTA, May 6, 2024 /PRNewswire/ -- Southern Company (NYSE: SO) today announced the pricing of $1.3 billion in aggregate principal amount of its Series 2024A 4.50% 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"), reflecting an upsize of $200 million over the previously announced offering size. In addition, Southern Company granted 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. The offering is expected to close on May 9, 2024, subject to customary closing conditions.Interest on the Convertible Notes will be paid semiannually at a rate of 4.50% per annum. The Convertible Notes will have an initial co
Show less
Read more
Impact Snapshot
Event Time:
SO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SO alerts
High impacting Southern Company (The) news events
Weekly update
A roundup of the hottest topics
SO
News
- Utilities Sector ETF XLU Top Holdings [Yahoo! Finance]Yahoo! Finance
- World's Largest Concrete Thermal Energy Storage Pilot Successfully Tested [Yahoo! Finance]Yahoo! Finance
- How AI will accelerate the energy transition [Investment Executive - News]Investment Executive - News
- The Southern Company (NYSE: SO) had its price target raised by analysts at Argus from $75.00 to $90.00. They now have a "buy" rating on the stock.MarketBeat
- Hinge Health Integrates Movement-Based Menopause Support into its Digital Musculoskeletal Clinic [Yahoo! Finance]Yahoo! Finance
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