Company: SOJE
Filing Date: 2025-05-21
Form Type: 8-K
Source: 0000092122-25-000052
Chunk: 0

Company: SOUTHERN CO
Filing Date: 2025-05-21
Form: 8-K
Item: Item 8.01
Chunk 0
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Item 8.01.      Other Events.  

On May 20, 2025, The Southern Company (the “ Company”) issued a press release announcing the upsize and pricing of an offering of $1.45 billion aggregate principal amount of its Series 2025A 3.25% Convertible Senior Notes due June 15, 2028 (the “ Convertible Notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, reflecting an upsize of $200 million over the previously announced offering size. In addition, the Company granted the initial purchasers an option to purchase, for settlement within a period of 13 days from, and including, the date the Convertible Notes are first issued, up to an additional $200 million aggregate principal amount of Convertible Notes.

Contemporaneously with the pricing of the Convertible Notes, the Company entered into separate and privately negotiated transactions with a limited number of holders of its Series 2023A 3.875% Convertible Senior Notes due December 15, 2025 (the “ Series 2023A Convertible Senior Notes”) and its Series 2024A 4.50% Convertible Senior Notes due June 15, 2027 (the “ Series 2024A Convertible Senior Notes”) to repurchase approximately $781.6 million aggregate principal amount of the Series 2023A Convertible Senior Notes and approximately $328.1 million aggregate principal amount of the Series 2024A Convertible Senior Notes, for an aggregate purchase price of approximately $1.25 billion.

A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein.

  Item 9.01.      Financial Statements and Exhibits.