Georgia Power announces redemption of Series 2008B 5.40% Senior Notes due June 1, 2018
ATLANTA, March 28, 2018 /PRNewswire/ -- Georgia Power today announced the redemption, on April 27, 2018 (the "Redemption Date"), of all $250 million aggregate principal amount of its Series 2008B 5.40% Senior Notes due June 1, 2018 (the "Notes"). The redemption price will be equal to the greater of: (i) 100% of the principal amount of the Notes to be redeemed or (ii) the sum of the present values of the remaining scheduled payments of principal and interest on the Notes to be redeemed (not including any portion of such payments of interest accrued to the Redemption Date), plus, in each case, accrued interest thereon to the Redemption Date. About Georgia Power SOURCE Georgia Power For further information: Georgia Power Media Relations, (404) 506-7676 or (800) 282-1696, www.georgiapower.com
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