Southern Company Series 2015A 6.25% Junior Subordinated Notes Due October 15, 2075

By: ,

Date Issued   10/01/2015

Shares Issued   35,000,000      Overallotment Shares  5,000,000

S&P Rating  BBB   Moodys Rating   Baa2


Security Ticker Symbol  SOJA

Market Traded ON   NYSE

Interest Payment Paid on the 15th of January, April, July and October  beginning on 01/15/2016

Quarterly Interest   .391   Annual Interest   1.563

Securities may be redeemed, at the issuers option, as early as 10/15/2020 for a redemption price of $25/share plus accrued interest

Interest Payment Will NOT be Qualified Distributions (it is interest-not a dividend)

NOTE–this issue allows issuer to defer interest payments for up to 40 consecutive quarters without it being a default event.

Maturity Date   10/15/2075



Company Investor Relations Page for Southern Company

Below you can find the offering prospectus and final pricing documents


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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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