Southern Company Series 2016A 5.25% Junior Subordinated Notes due October 1, 2076

By: ,

Date Issued   9/15/2016

Shares Issued   32,000,000      Overallotment Shares  None

S&P Rating  BBB     Moodys Rating   Baa3

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Security Ticker Symbol   SOJB

Market Traded ON   NYSE

Interest Payment Paid on the 1st of January, April, July and October  beginning on 01/1/2017

Quarterly Interest   .328   Annual Interest   1.3125

Securities may be redeemed, at the issuers option, as early as 10/1/2021 for a redemption price of $25/share plus accrued interest

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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   10/1/2076

 

Company Investor Relations Page for Southern Company

Click Here to find the offering prospectus and/or final pricing documents

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