secwatch.observer — SEC 8-K summary
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Issuer:     SOUTHERN CO (SO)
CIK:        0000092122
Form:       8-K
Filed at:   2026-08-06T15:15:47+00:00
Accession:  0000092122-26-000063
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Southern Company issues $2.73B in convertible senior notes in two tranches
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- Total principal $2.73125B: Series A $833.75M at 2.125% due 2027, Series B $1.8975B at 3.50% due 2029.
- Initial conversion prices: $104.56/share for Series A, $118.50/share for Series B.
- Notes sold in private placement to initial purchasers with over-allotment options exercised.
- Maximum shares issuable upon conversion: ~8.97M for Series A, ~20.42M for Series B.
- Notes are unsecured, unsubordinated, not redeemable by company.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/92122/000009212226000063/0000092122-26-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/92122/000009212226000063/so-20260803.htm
  HTML page:      https://secwatch.observer/filing/0000092122-26-000063

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