Southern Company Series 2017B 5.25% Jr Subordinated Notes due December 1, 2077
By: Tim McPartland,
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 ONÂ Â 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
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Company Investor Relations Page for Southern Company
Click Here to find the offering prospectus and/or final pricing documents