AI English summary of an SEC filing — figures as filed
Southern Company SOThe Southern Company entered into Underwriting Agreements on February 26, 2024 for the issue and sale of additional Series 2023D 5.50% Senior Notes due March 15, 2029 and Series 2023E 5.70% Senior Notes due March 15, 2034.
Key points
AI summaryThe Southern Company entered into Underwriting Agreements on February 26, 2024 for the issue and sale of additional Series 2023D 5.50% Senior Notes due March 15, 2029 and Series 2023E 5.70% Senior Notes due March 15, 2034.
The company entered into underwriting agreements to issue and sell additional $400,000,000 aggregate principal amount of each of its Series 2023D Senior Notes and Series 2023E Senior Notes.
Upon completion of the offerings, the company said the aggregate principal amount of outstanding Series 2023D Senior Notes was $1,000,000,000, and the outstanding Series 2023E Senior Notes totaled $1,100,000,000.
The company said the additional notes are part of the same series as the notes it issued on September 8, 2023 and were registered under its shelf registration statement (Registration No. 333-277138). The representatives of the underwriters are BofA Securities, Morgan Stanley, RBC Capital Markets, Scotia Capital (USA) and U.S. Bancorp Investments.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Southern Company Enters Underwriting Agreements for Additional Senior Notes on February 26, 2024
The Southern Company entered into Underwriting Agreements on February 26, 2024 for the issue and sale of additional Series 2023D 5.50% Senior Notes due March 15, 2029 and Series 2023E 5.70% Senior Notes due March 15, 2034.
Source · Based on the filing body and exhibits
Additional Principal Amount for Each Series $400,000,000
The company entered into underwriting agreements to issue and sell additional $400,000,000 aggregate principal amount of each of its Series 2023D Senior Notes and Series 2023E Senior Notes.
Source · Based on the filing body and exhibits
Outstanding Balances by Series After Additional Issuance
Upon completion of the offerings, the company said the aggregate principal amount of outstanding Series 2023D Senior Notes was $1,000,000,000, and the outstanding Series 2023E Senior Notes totaled $1,100,000,000.
Source · Based on the filing body and exhibits
Same Series as Existing Notes, Shelf Registration and Underwriter Representatives
The company said the additional notes are part of the same series as the notes it issued on September 8, 2023 and were registered under its shelf registration statement (Registration No. 333-277138). The representatives of the underwriters are BofA Securities, Morgan Stanley, RBC Capital Markets, Scotia Capital (USA) and U.S. Bancorp Investments.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
Loading the filing text…