SOJB The Southern Company Junior Subordinated 5.25% Series 2016A due 2076

Interest payable on January 1, April 1, July 1 and October 1 of each year, commencing January 1, 2017. So long as no Event of Default has occurred and is continuing, the Company may, at its option, on one or more occasions, defer payment of all or part of the current and accrued interest otherwise due on the Series 2016A Notes by extending the interest payment period for up to forty (40) consecutive quarterly periods. A deferral of interest payments may not extend beyond the Stated Maturity or end on a day other than an Interest Payment Date. Any deferred interest on the Series 2016A Notes will accrue additional interest at the Securities Rate from the applicable Interest Payment Date to the date of payment, compounded quarterly. At any time and from time to time on or after October 1, 2021, the Series 2016A Notes will be subject to redemption at the option of the Company in whole or in part upon not less than 30 nor more than 60 days’ notice, at a Redemption Price equal to 100% of the principal amount of the Series 2016A Notes being redeemed plus accrued and unpaid interest (including any Additional Interest) on the Series 2016A Notes being redeemed to the Redemption Date.  This security was issued by Southern Co, whose common stock symbol is SO.

$25.78  -0.02 (-0.08%)
As of 06/18/2021 16:00:02 EST     IEX book   CBOE book


Security Information
Category1:  US Equity
Category2:  Exchange traded debt
Category3:  Long-term
GICS sector:  Utilities
Industry:  Utilities—Regulated Electric
Index country:  USA
Country of incorporation:  USA
IPO date:  09/20/2016
Outstanding shares:  32,000,000
Average volume:  33,986
Market cap:   $824,960,000
Current dividend yield:  5.09%    calculation
Coupon rate:    5.250%
Liquidation value:   $25.00
Callable after:   10/01/2021
Maturity date:    10/01/2076
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
CUSIP:    842587305
ISIN:        US8425873051
Sedol:      BD1LVM1

2021 © Stock Market MBA, Inc. Terms of use | Privacy policy