Southern Co. Files 8-K, Details Subsidiary and Debt Notes
Ticker: SOJF · Form: 8-K · Filed: Apr 29, 2024 · CIK: 92122
| Field | Detail |
|---|---|
| Company | Southern Co (SOJF) |
| Form Type | 8-K |
| Filed Date | Apr 29, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $5 |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt, subsidiary-update
Related Tickers: SO
TL;DR
Southern Co. 8-K filed 4/29: Georgia Power & debt notes updated. No major news.
AI Summary
Southern Co. filed an 8-K on April 29, 2024, to report other events. The filing includes information related to Georgia Power Co., a subsidiary, and various series of junior subordinated notes, such as Series 2017B 5.25% Junior Subordinated Notes Due 2077 and Series 2020A 4.95% Junior Subordinated Notes Due 2080. Specific financial figures or significant business changes were not detailed in the provided excerpt.
Why It Matters
This filing provides updates on Southern Co.'s financial structure, specifically concerning its subsidiary Georgia Power and various debt instruments, which can impact investor understanding of the company's capital and liabilities.
Risk Assessment
Risk Level: low — The filing appears to be routine and does not indicate any immediate material adverse events or significant financial distress.
Key Players & Entities
- SOUTHERN CO (company) — Filer
- GEORGIA POWER CO (company) — Subsidiary
- Series 2017B 5.25% Junior Subordinated Notes Due 2077 (dollar_amount) — Debt Instrument
- Series 2020A 4.95% Junior Subordinated Notes Due 2080 (dollar_amount) — Debt Instrument
- Series 2020C 4.20% Junior Subordinated Notes Due 2060 (dollar_amount) — Debt Instrument
- Series 2021B 1.875% Fixed To Fixed Reset Rate Junior Subordinated Note (dollar_amount) — Debt Instrument
FAQ
What specific 'Other Events' are being reported by Southern Co. in this 8-K filing?
The provided excerpt does not detail the specific 'Other Events' but lists related entities and debt instruments, suggesting the events may pertain to these areas.
What is the role of Georgia Power Co. in this filing?
Georgia Power Co. is identified as a subsidiary of Southern Co., and its name appears in the filing alongside various debt instruments.
What types of debt instruments are mentioned in the filing?
The filing mentions several series of junior subordinated notes, including Series 2017B 5.25% Junior Subordinated Notes Due 2077, Series 2020A 4.95% Junior Subordinated Notes Due 2080, Series 2020C 4.20% Junior Subordinated Notes Due 2060, and Series 2021B 1.875% Fixed To Fixed Reset Rate Junior Subordinated Note.
What is the filing date of this 8-K report?
The 8-K report was filed on April 29, 2024.
Does this filing indicate any new financial commitments or changes in outstanding debt for Southern Co. or Georgia Power?
The excerpt lists existing debt instruments but does not specify any new commitments or changes in outstanding debt; further details within the full filing would be needed to confirm.
Filing Stats: 533 words · 2 min read · ~2 pages · Grade level 10.5 · Accepted 2024-04-29 06:47:06
Key Financial Figures
- $5 — outhern Company Common Stock, par value $5 per share SO New York Stock Exchange T
Filing Documents
- so-20240429.htm (8-K) — 38KB
- 0000092122-24-000039.txt ( ) — 243KB
- so-20240429.xsd (EX-101.SCH) — 4KB
- so-20240429_def.xml (EX-101.DEF) — 19KB
- so-20240429_lab.xml (EX-101.LAB) — 36KB
- so-20240429_pre.xml (EX-101.PRE) — 20KB
- so-20240429_htm.xml (XML) — 9KB
01 Other Events
Item 8.01 Other Events. On April 29, 2024, Georgia Power Company notified the Georgia Public Service Commission that Plant Vogtle Unit 4 reached commercial operation and has been placed in service.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, each of the registrants has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: April 29, 2024 THE SOUTHERN COMPANY GEORGIA POWER COMPANY By /s/Melissa K. Caen Melissa K. Caen Assistant Secretary 2