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

Southern Company Series 2017B 5.25% Jr Subordinated Notes due December 1, 2077

By: ,

Date Issued   11/20/2017

Shares Issued   18,000,000      Overallotment Shares  None

S&P Rating  BBB     Moodys Rating   Baa3

Security Ticker Symbol   SOJC

Market Traded ON   NYSE

Interest Payment Paid on the 1st of March, June, September and December beginning on 03/1/2018

Quarterly Interest   .328   Annual Interest   1.3125

Securities may be redeemed, at the issuers option, as early as 12/1/2022 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   12/1/2077

 

Company Investor Relations Page for Southern Company

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

X

Search Dividend Investor