8-KItem 8.01 · Other EventsItem 9.01 · Financial Statements
Southern Company prices $2.375 billion convertible note offering
Filed with the SEC on · Summarized by InvestorsBot
Southern Company priced $725 million of 2.125% convertible notes due December 15, 2027, and $1.65 billion of 3.50% convertible notes due September 15, 2029, with closing expected August 6, 2026. The company also plans to use about $403 million of proceeds to repurchase approximately $369 million of its 4.50% convertible notes due June 15, 2027, while using the remaining proceeds to repay short-term debt and for general corporate purposes.