Form 8-K · Current report
Southern Company 8-K, filed Aug 3, 2026
- Filed
- CIK
- 0000092122
- Accession no.
- 0000092122-26-000058
Summary
Southern Company announced proposed private offerings of $650 million of convertible senior notes due December 15, 2027 and $1.5 billion of convertible senior notes due September 15, 2029, sold to qualified institutional buyers under Rule 144A. The company said it intends to use part of the net proceeds to repurchase portions of its existing Series 2024A and Series 2025A convertible notes through individually negotiated transactions and to repay short-term debt.
Key points
- Southern Company expects to grant the initial purchasers options to buy up to an additional $97.5 million of the 2027 notes and up to an additional $225 million of the 2029 notes.
- Final terms, including initial conversion price and interest rate, will be set at pricing; the notes are senior unsecured obligations paying interest semiannually.
- The notes will be convertible only upon certain events and during certain periods before September 15, 2027 for the 2027 series and before June 15, 2029 for the 2029 series, and at any time thereafter until shortly before maturity.
- The company said it may also repurchase existing convertible notes after the offerings close, with no assurance as to how much will be repurchased.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 8.01Other Events
- 9.01Financial Statements and Exhibits
From the filing
Item 8.01. Other Events. On August 3, 2026, The Southern Company (the “Company”) issued a press release announcing proposed offerings of $650 million aggregate principal amount of convertible senior notes due 2027 (the “2027 Convertible Notes”) and $1.5 billion aggregate principal amount of convertible senior notes due 2029 (the “2029 Convertible Notes” and, together with the 2027 Convertible Notes, the “Convertible Notes”) in private offerings to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. …
An excerpt of the text as filed with the SEC, cut for length.
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