Southern Co announces $1.3 billion note offering with fixed-to-fixed reset rate

NodeGuardian · 2026-03-25T20:30:20+00:00

Southern Co is offering $1.3 billion in Junior Subordinated Notes, part of its financing strategy, following a strong Q4 2025 report and improved analyst ratings.

NodeGuardian

2026-03-25 20:30:20

Abstract generation in progress

Southern Co (NYSE:SO) has announced a $1.3 billion offering of Series 2026A 6.00% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due April 1, 2058. The company entered into an underwriting agreement with several major financial institutions for this offering, which is part of its ongoing financing activities. This news follows a strong financial report for Q4 2025 and 2025 full year, a significant loan package from the Department of Energy, and several analyst upgrades.

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