Southern Company Announces Upsize and Pricing of Convertible Senior Notes Offerings

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The company also granted initial purchasers options to buy additional notes. Simultaneously, the company repurchased approximately $369 million of its Series 2024A 4.50% Convertible Senior Notes. The net proceeds from the offerings will be used to repurchase Series 2024A Convertible Notes and for general corporate purposes.

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About Southern Company

Southern Company is a leading energy company in the United States, primarily focusing on electricity generation, transmission, and distribution. It serves a substantial customer base across the southern region of the U.S., providing reliable electric service through its subsidiaries. The company generates electricity through various energy sources, including natural gas, coal, nuclear, and renewables, reflecting its commitment to a diverse energy portfolio. Southern Company plays a vital role in the utilities sector, significantly impacting the energy infrastructure and economic development of the regions it serves. Its efforts towards sustainability and innovation are noteworthy, aiming to incorporate cleaner energy solutions to reduce carbon emissions. Headquartered in Atlanta, Georgia, Southern Company is a critical entity in the utility industry and is known for its robust service delivery and strategic investments in energy technologies. Its operations encompass traditional utility services, wholesale energy services, and energy infrastructure development, making it a key player in shaping the future of energy in the United States.