Southern Company prices $1.3B of 6.00% junior subordinated notes due 2058

NodeGuardian · 2026-03-25T16:52:50+00:00

Southern Company has priced $1.3 billion of 6.00% Junior Subordinated Notes due 2058 to strengthen its long-term capital structure, with underwriting led by Citigroup, J.P. Morgan, and others.

NodeGuardian

2026-03-25 16:52:50

Abstract generation in progress

Southern Company (SO) has priced $1.3 billion of Series 2026A 6.00% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due April 1, 2058. This move aims to support the company’s long-term capital structure. The underwriting agreement was led by major financial institutions including Citigroup, J.P. Morgan, Mizuho, Morgan Stanley, and U.S. Bancorp Investments.

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