Brief: Southern Company Announces Equity Units Offering
03/11/2025 11:35
Nov 3 (Reuters) - Southern Co SO.N: SOUTHERN COMPANY ANNOUNCES EQUITY UNITS OFFERING SOUTHERN CO - COMPANY TO SELL 35 MILLION EQUITY UNITS SOUTHERN CO - EQUITY UNITS ISSUED AT $50 EACH, TOTALING $1.75 BILLION SOUTHERN CO - OPTION FOR UNDERWRITERS TO PURCHASE 5 MILLION ADDITIONAL UNITS SOUTHERN CO - PROCEEDS TO REPURCHASE SERIES 2023A CONVERTIBLE NOTES SOUTHERN CO - REMAINING PROCEEDS TO REPAY SHORT-TERM INDEBTEDNESS Source text: ID:nPn2F0FSja Further company coverage: SO.N ((Reuters.Briefs@thomsonreuters.com;))
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