{"schema_version":"secwatch.filing_event.v1","accession":"0000092122-24-000059","form_type":"8-K","ticker":"SO","cik":"0000092122","company_name":"SOUTHERN CO","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.458384+00:00","generated_at":"2026-06-02T08:13:25.863397+00:00","sec_items":["2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Southern issues $1.5B of 4.50% convertible notes due 2027 at ~$92.45 conversion price","bullets":["Issued $1.5 billion of 4.50% Convertible Senior Notes due June 15, 2027, including $200M overallotment.","Initial conversion price approximately $92.45 per common share (10.8166 shares per $1,000 principal).","Notes are unsecured, unsubordinated, not redeemable by company; holders can convert under specified conditions.","Sold via private placement under Section 4(a)(2) and Rule 144A; common shares issuable upon conversion unregistered.","Use of proceeds not disclosed; expected for general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0000092122-24-000059","json":"https://secwatch.observer/filing/0000092122-24-000059.json","markdown":"https://secwatch.observer/filing/0000092122-24-000059.md","text":"https://secwatch.observer/filing/0000092122-24-000059.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/92122/000009212224000059/0000092122-24-000059-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/92122/000009212224000059/so-20240509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T08:13:25.863397+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cfd493c4fd600f596ee72aa68bdedc1ad3c4015f","claim":"SOUTHERN CO incurred convertible notes of $1,500,000,000 with Computershare Trust Company, N.A. at 4.50% maturing June 15, 2027.","evidence_excerpt":"On May 9, 2024, The Southern Company (the “Company”) issued $1,500,000,000 aggregate principal amount of its Series 2024A 4.50% Convertible Senior Notes due June 15, 2027","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/92122/000009212224000059/0000092122-24-000059-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$1,500,000,000"},{"label":"Counterparty","value":"Computershare Trust Company, N.A."},{"label":"Rate","value":"4.50%"},{"label":"Maturity","value":"June 15, 2027"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}