Southern Co has priced a USD denominated multi tranche syndicated Brownie Bond.
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| Issuer Details | |
| Issuer | Southern Company |
| LEI | 549300FC3G3YU2FBZD92 |
| Industry | Electricity |
| Country | United States |
| Issuer Description | Based in Atlanta, Southern Company is one of the largest generators of electricity in the nation, serving both regulated and competitive markets across the southeastern United States. We participate in all phases of the electric utility business with more than 42,000 megawatts of electric generating capacity and a grid of transmission and distribution lines that would more than circle the earth. Southern Company and its subsidiaries have been serving the Southeast for more than 100 years.. The Southern Company (Southern Company)is a holding company, which owns all of the common stock of the traditional operating companies, including Alabama Power Company (Alabama Power), Georgia Power Company (Georgia Power), Gulf Power Company (Gulf Power), and Mississippi Power Company (Mississippi Power) ,and Southern Power Company (Southern Power), and other direct and indirect subsidiaries (together, the Southern Company system). The primary business of the Southern Company system is electricity sales by the traditional operating companies and Southern Power. The four traditional operating companies are vertically integrated utilities providing electric service in four Southeastern states. Southern Power constructs, acquires, owns, and manages generation assets. In July 2012, the Company and Turner Renewable Energy acquired a 20 megawatts solar photovoltaic power plant in Nevada from SunEdison, a subsidiary of MEMC Electronic Materials, Inc. |
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| Trade Details | |
| Security Type | Bond |
| Amount | USD [Login to see full details] |
| Total Amount including taps | USD [Login to see full details] |
| Total Amount Outstanding | USD [Login to see full details] |
| Total Order Book | USD [Login to see full details] |
| Structure | Fixed Rate |
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| It came at a spread of [Login to see full details] in the Brownie bond market. | |
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A Brownie bond is an USD-denominated bond issued by a United-States entity in the USA Domestic Bond market.
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