Southern Company announces redemption of Series 2016A 5.25% Junior Subordinated Notes due October 1, 2076
ATLANTA, Sept. 16, 2021 /PRNewswire/ -- Southern Company today announced the redemption, on October 18, 2021 (the "Redemption Date"), of all $800 million aggregate principal amount of its Series 2016A 5.25% Junior Subordinated Notes due October 1, 2076 (the "Notes") (NYSE: SOJB). The redemption price will be 100% of the principal amount of the Notes ($25.00 per $25.00 in principal amount) plus accrued and unpaid interest to the Redemption Date.
The quarterly interest payment due on October 1, 2021 will be paid in the ordinary course to holders of record as of September 30, 2021.
Questions relating to the redemption and requests for copies of the related notice of redemption should be directed to Wells Fargo Bank, National Association, the paying agent for the Notes, at 1-800-344-5128. The address of the paying agent is Wells Fargo Bank, N.A., Corporate Trust Operations, MAC N9300-070, 600 South Fourth Street, Minneapolis, MN 55402.
About Southern Company
Southern Company (NYSE: SO) is a leading energy company serving 9 million customers through its subsidiaries. The company provides clean, safe, reliable and affordable energy through electric operating companies in three states, natural gas distribution companies in four states, a competitive generation company serving wholesale customers across America, a leading distributed energy infrastructure company, a fiber optics network and telecommunications services. Southern Company brands are known for excellent customer service, high reliability and affordable prices below the national average. For more than a century, we have been building the future of energy and developing the full portfolio of energy resources, including carbon-free nuclear, advanced carbon capture technologies, natural gas, renewables, energy efficiency and storage technology. Through an industry-leading commitment to innovation and a low-carbon future, Southern Company and its subsidiaries develop the customized energy solutions our customers and communities require to drive growth and prosperity. Our uncompromising values ensure we put the needs of those we serve at the center of everything we do and govern our business to the benefit of our world. Our corporate culture and hiring practices have been recognized nationally by the U.S. Department of Defense, G.I. Jobs magazine, DiversityInc, Black Enterprise, Fortune's "World's Most Admired Companies" list, Forbes and the Women's Choice Award. To learn more, visit www.southerncompany.com.
SOURCE Southern Company
For further information: Southern Company Media Relations: 404-506-5333 or 1-866-506-5333, www.southerncompany.com