Southern Co. Files 8-K on Junior Subordinated Notes
Ticker: SOJF · Form: 8-K · Filed: Sep 9, 2024 · CIK: 92122
| Field | Detail |
|---|---|
| Company | Southern Co (SOJF) |
| Form Type | 8-K |
| Filed Date | Sep 9, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $5, $750,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt, filing
Related Tickers: SO
TL;DR
SO filed an 8-K updating details on its junior subordinated notes, nothing major disclosed.
AI Summary
On September 4, 2024, The Southern Company (SO) filed an 8-K report detailing "Other Events" and "Financial Statements and Exhibits." The filing primarily serves to update the public record with information related to various 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 Notes Due 2081. No specific financial transactions or material events were detailed beyond the classification of these note series.
Why It Matters
This filing provides an update on the status and details of various junior subordinated notes issued by Southern Company, which can be relevant for investors holding or considering these debt instruments.
Risk Assessment
Risk Level: low — The filing is primarily informational, updating details on existing debt instruments without announcing new material events or financial distress.
Key Players & Entities
- The Southern Company (company) — Registrant
- SO (company) — Ticker Symbol
- September 4, 2024 (date) — Date of Report
- 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 Notes Due 2081 (dollar_amount) — Debt Instrument
FAQ
What specific "Other Events" are detailed in this 8-K filing for The Southern Company?
The filing lists "Other Events" as Item 8.01, but the provided text does not detail specific events beyond referencing the classification of various junior subordinated notes.
What is the Commission File Number for The Southern Company's 8-K filing?
The Commission File Number for this filing is 1-3526.
When was this 8-K report filed with the SEC?
The report was filed on September 9, 2024, and the earliest event reported is dated September 4, 2024.
What types of junior subordinated notes are mentioned in the filing?
The filing mentions 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 Notes Due 2081.
What is the business address and phone number for The Southern Company as listed in the filing?
The business address is 30 Ivan Allen Jr. Boulevard, N.W., Atlanta, Georgia 30308, and the phone number is (404) 506-5000.
Filing Stats: 658 words · 3 min read · ~2 pages · Grade level 8.9 · Accepted 2024-09-09 14:15:04
Key Financial Figures
- $5 — outhern Company Common Stock, par value $5 per share SO New York Stock Exchange T
- $750,000,000 — greement covering the issue and sale of $750,000,000 aggregate principal amount of its Serie
Filing Documents
- so-20240904.htm (8-K) — 42KB
- ex1-2soco2024bseniornotesx.htm (EX-1.2) — 225KB
- ex4-2so33rdsupplementalind.htm (EX-4.2) — 120KB
- ex5-1soco8xk2024bsrnotes.htm (EX-5.1) — 17KB
- ex8-1socox2024bseniornotes.htm (EX-8.1) — 11KB
- 0000092122-24-000085.txt ( ) — 669KB
- so-20240904.xsd (EX-101.SCH) — 4KB
- so-20240904_def.xml (EX-101.DEF) — 17KB
- so-20240904_lab.xml (EX-101.LAB) — 32KB
- so-20240904_pre.xml (EX-101.PRE) — 18KB
- so-20240904_htm.xml (XML) — 6KB
01. Other Events
Item 8.01. Other Events . On September 4, 2024, The Southern Company (the "Company") entered into an Underwriting Agreement covering the issue and sale of $750,000,000 aggregate principal amount of its Series 2024B 4.85% Senior Notes due March 15, 2035 (the "Series 2024B Senior Notes"). The Series 2024B Senior Notes were registered under the Securities Act of 1933, as amended, pursuant to the shelf registration statement (Registration No. 333-277138) of the Company.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. 1.2 Underwriting Agreement relating to the Series 2024B Senior Notes, dated September 4 , 2024 , among the Company and BofA Securities, Inc., Mizuho Securit i es U SA LLC, Morgan Stanley & Co. LLC, PNC Capital Markets LLC and RBC Capital Markets, LLC , as representatives of the several Underwriters named in Schedule I thereto . 4.2 Thirty-Third Supplemental Indenture to Senior Note Indenture dated as of September 9, 2024, providing for the issuance of the Series 2024B Senior Notes. 4.7 Form of the Series 2024B Senior Note (included in Exhibit 4.2 above). 5.1 Opinion of Troutman Pepper Hamilton Sanders LLP relating to the Series 2024B Senior Notes. 8.1 Tax Opinion of Troutman Pepper Hamilton Sanders LLP relating to the Series 2024B Senior Notes. 23.1 Consent of Troutman Pepper Hamilton Sanders LLP (included in Exhibit 5.1 above). 23.2 Consent of Troutman Pepper Hamilton Sanders LLP (included in Exhibit 8.1 above). 104 Cover Page Interactive Data File – The cover page iXBRL tags are embedded within the inline XBRL document. 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: September 9, 2024 THE SOUTHERN COMPANY By /s/Melissa K. Caen Melissa K. Caen Assistant Secretary 2