Georgia Power 8-K Confirms 2017A Notes Listing on NYSE
Ticker: GPJA · Form: 8-K · Filed: Feb 1, 2024 · CIK: 41091
| Field | Detail |
|---|---|
| Company | Georgia Power Co (GPJA) |
| Form Type | 8-K |
| Filed Date | Feb 1, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: debt-securities, compliance, 8-K, corporate-governance
TL;DR
**Georgia Power filed a routine 8-K, confirming its 2017A 5.00% Junior Subordinated Notes are listed on the NYSE.**
AI Summary
Georgia Power Company filed an 8-K on February 1, 2024, to update its public record, specifically noting its Series 2017A 5.00% Junior Subordinated Notes due 2077, which trade under the symbol GPJA on the New York Stock Exchange. This filing is a routine update, confirming the company's registration details and the listing of its specific debt securities. For investors, this matters because it reaffirms the company's compliance with SEC regulations and provides current information on its publicly traded debt, which can influence bondholder confidence and the perceived stability of the company.
Why It Matters
This filing is a standard compliance update, reassuring investors that Georgia Power Company is transparent about its publicly traded debt securities, specifically the Series 2017A 5.00% Junior Subordinated Notes due 2077.
Risk Assessment
Risk Level: low — This 8-K is a routine administrative filing with no new material financial information or significant events that would introduce new risks.
Analyst Insight
Investors should note this as a routine compliance filing, confirming the status of existing debt securities. It does not present new information warranting immediate action but reinforces the company's transparency.
Key Numbers
- 5.00% — Interest Rate (The fixed interest rate for the Series 2017A Junior Subordinated Notes.)
- 2077 — Maturity Year (The year when the Series 2017A Junior Subordinated Notes are due.)
- 1-6468 — Commission File Number (The SEC file number for Georgia Power Company.)
- 58-0257110 — IRS Employer Identification No. (The IRS Employer Identification Number for Georgia Power Company.)
Key Players & Entities
- Georgia Power Company (company) — the registrant filing the 8-K
- Series 2017A 5.00% Junior Subordinated Notes due 2077 (other) — debt securities registered by Georgia Power Company
- GPJA (other) — trading symbol for the Series 2017A Notes
- New York Stock Exchange (other) — exchange where the Series 2017A Notes are registered
- February 1, 2024 (other) — date of the earliest event reported in the 8-K
- 5.00% (dollar_amount) — interest rate of the Junior Subordinated Notes
- 2077 (other) — maturity year of the Junior Subordinated Notes
Forward-Looking Statements
- Georgia Power Company will continue to maintain its listing for the Series 2017A 5.00% Junior Subordinated Notes on the NYSE. (Georgia Power Company) — high confidence, target: 2025-02-01
FAQ
What is the purpose of this 8-K filing by Georgia Power Company?
The purpose of this 8-K filing, dated February 1, 2024, is to provide a current report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, specifically under Item 9.01, Financial Statements and Exhibits. It primarily confirms the registration details and the listing of its Series 2017A 5.00% Junior Subordinated Notes due 2077 on the New York Stock Exchange.
Which specific securities of Georgia Power Company are mentioned in this filing?
The filing specifically mentions the 'Georgia Power Company Series 2017A 5.00% Junior Subordinated Notes due 2077' with the trading symbol 'GPJA'.
On which exchange are these specific securities registered?
The Georgia Power Company Series 2017A 5.00% Junior Subordinated Notes due 2077 (GPJA) are registered on the New York Stock Exchange.
What is the earliest event reported date in this 8-K filing?
The Date of Report (Date of earliest event reported) for this 8-K filing is February 1, 2024.
Has Georgia Power Company's name and address changed since its last report?
No, the filing explicitly states: 'The name and address of the registrant have not changed since the last report.' The business address is 241 Ralph McGill Boulevard, N.E., Atlanta, Georgia 30308.
Filing Stats: 558 words · 2 min read · ~2 pages · Grade level 11.7 · Accepted 2024-02-01 16:07:44
Filing Documents
- so-20240201.htm (8-K) — 26KB
- servicesagreement-executio.htm (EX-10.1) — 5534KB
- image_0.jpg (GRAPHIC) — 17KB
- 0000041091-24-000003.txt ( ) — 6154KB
- so-20240201.xsd (EX-101.SCH) — 3KB
- so-20240201_def.xml (EX-101.DEF) — 16KB
- so-20240201_lab.xml (EX-101.LAB) — 31KB
- so-20240201_pre.xml (EX-101.PRE) — 17KB
- so-20240201_htm.xml (XML) — 3KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits . Georgia Power Company (the "Company") is filing this Current Report on Form 8-K to transition a previously-filed exhibit to the requirements set forth in Item 601(b)(10) of Regulation S-K permitting registrants to omit confidential information without the need to submit a confidential treatment request. The purpose of this filing is to refile a redacted version of the Amended and Restated Services Agreement referenced below, which was originally granted confidential treatment through December 31, 2023. (d) Exhibits. 10.1 Amended and Restated Services Agreement dated as of June 20, 2017, by and among the Company, for itself and as agent for Oglethorpe Power Corporation, Municipal Electric Authority of Georgia, MEAG Power SPVJ, LLC, MEAG Power SPVM, LLC, MEAG Power SPVP, LLC, and the City of Dalton, Georgia, an incorporated municipality in the State of Georgia, acting by and through its Board of Water, Light, and Sinking Fund Commissioners, and Westinghouse Electric Company LLC and WECTEC Global Project Services, Inc .* 104 Cover Page Interactive Data File – The cover page iXBRL tags are embedded within the inline XBRL document. * Certain confidential portions of this exhibit have been omitted because the identified confidential portions (i) are not material and (ii) are the type of information that the Company treats as private or confidential. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: February 1, 2024 GEORGIA POWER COMPANY By /s/ Melissa K. Caen Melissa K. Caen Assistant Secretary 2