Enter a Ticker Symbol To Get Your Free Bull/Bear Rating & Ranking Report from "Stock Scientist" Mike Turner

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

FREE REPORT
X
Bryan Perry Dividend Income Expert Bryan Perry

Earn 8% on this "Government Mandated Income Opportunity"

X

Search Dividend Investor