Company: SOJE
Filing Date: 2025-01-08
Form Type: 424B5
Source: 0000092122-25-000002
Chunk: 32

Company: SOUTHERN CO
Filing Date: 2025-01-08
Form: 424B5
Chunk 32
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 part.

The Underwriters propose to offer the Series 2025A Junior Subordinated Notes to the public at the initial public offering price set forth on the cover page of this Prospectus Supplement and may offer the Series 2025A Junior Subordinated Notes to certain dealers at such price less a concession not in excess of $ per Series 2025A Junior Subordinated Note; provided that the concession will be $ per Series 2025A Junior Subordinated Note for sales to institutions. The Underwriters may allow, and such dealers may reallow, a concession not in excess of $ per Series 2025A Junior Subordinated Note; provided that there will be no such concession with respect to sales to institutions. After the initial public offering of the Series 2025A Junior Subordinated Notes, the initial public offering price and other selling terms may be changed.

The Company has granted the Underwriters an option to purchase up to an additional $ in principal amount of the Series 2025A Junior Subordinated Notes in order to cover over-allotments, if any. If the option is exercised, any such Series 2025A Junior Subordinated Notes are expected to be delivered on or about the date of delivery set forth on the cover page of this Prospectus Supplement. To the extent that the Underwriters exercise this option, the Underwriters are obligated to severally purchase the applicable Series 2025A Junior Subordinated Notes covered by the over-allotment option in approximately the same proportion as the proportions of the principal amount of the Series 2025A Junior Subordinated Notes indicated in the table above.

The Series 2025A Junior Subordinated Notes are a new issue of securities with no established trading market. The Company intends to apply to list the Series 2025A Junior Subordinated Notes on the New York Stock Exchange. If the application is approved, the Company expects trading in the Series 2025A Junior Subordinated Notes to begin within 30 days after the date that the Series 2025A Junior Subordinated Notes are first issued.

The Underwriters may make a market in the Series 2025A Junior Subordinated Notes after completion of the offering, but will not be obligated to do so and may discontinue any market-making activities at any time without notice. No assurance can be given as to the liquidity of the trading market for the Series 2025A Junior Subordinated Notes or that an active public market for the Series 2025A Junior Subordinated Notes will develop. If an active public trading market