secwatch.observer — SEC 8-K summary
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Issuer:     SOUTHERN CO (SO)
CIK:        0000092122
Form:       8-K
Filed at:   2022-05-09T23:59:59+00:00
Accession:  0000092122-22-000024
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Southern Co. completes $1.725B junior subordinated notes remarketing; rates reset to 4.475%/5.113%
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- Remarketed $862.5M Series 2019A JSNs (rate reset to 4.475%) and $862.5M Series 2019B JSNs (rate reset to 5.113%).
- Company received no proceeds; proceeds used to buy Treasury securities maturing by August 1, 2022.
- Funds from Treasury maturities expected to settle Purchase Contracts on August 1, 2022.
- Remarketing agents included Goldman Sachs, Barclays, Citigroup, J.P. Morgan, Morgan Stanley, Wells Fargo.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/92122/000009212222000024/0000092122-22-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/92122/000009212222000024/so-20220509.htm
  HTML page:      https://secwatch.observer/filing/0000092122-22-000024

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer