Company: SOJE
Filing Date: 2025-11-04
Form Type: 424B2
Source: 0000092122-25-000092
Chunk: 130

Company: SOUTHERN CO
Filing Date: 2025-11-04
Form: 424B2
Chunk 130
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 ensure that, if required by applicable law, a registration statement, including a prospectus, with regard to the full amount of each series of RSNs to be remarketed will be effective under the securities laws in a form that may be used by the remarketing agent in connection with the remarketing (unless a registration statement is not required under the applicable laws and regulations that are in effect at that time or unless the Company conducts any remarketing in accordance with an exemption under the securities laws).

In order to remarket the RSNs, the remarketing agent, in consultation with the Company, may:

• remarket each series of RSNs as fixed-rate notes or floating-rate notes;

• in the case of any series of RSNs remarketed as fixed-rate notes, reset the interest rate on each series of RSNs (either upward or downward) and, in the case of any series of RSNs remarketed as floating-rate notes, determine the interest rate spread applicable to such series of RSNs, in order to produce the required price in the remarketing, as discussed under “Description of the Purchase Contracts—Remarketing”; and

• in the case of any series of RSNs remarketed as floating-rate notes, (i) provide that the interest on such series of RSNs will be equal to an interest rate index determined by the Company plus a spread determined by the remarketing agent, in consultation with the Company, in which case interest on such series of RSNs may be calculated on the basis of a 360-day year and the actual number of days elapsed (or such other basis as is customarily used for floating-rate notes bearing interest at a rate based on such interest rate index), and (ii) provide for provisions regarding calculation of the selected interest rate index and related benchmark transition provisions, in each case, that are customary for floating-rate notes bearing interest at a rate based on such interest rate index.

Remarketing of RSNs That Are Not Included in Corporate Units

At any time after the Company gives notice of a remarketing (other than during a blackout period), holders of RSNs of either series that do not underlie Corporate Units may elect to have their RSNs remarketed in such remarketing in the same manner as RSNs that underlie Corporate Units by delivering their RSNs along with a notice of this election to the custodial agent. The custodial agent will hold the RSNs separate from the collateral account in which the pledged securities will be