SOLN Southern Company (The) 2019 Series A Corporate Units

Each Equity Unit will have a stated amount of $50 and initially will be in the form of a 2019 Series A Corporate Unit (“Corporate Unit”) consisting of (i) a purchase contract issued by the Company, (ii) a 1/40 undivided beneficial ownership interest in $1,000 principal amount of the Company’s Series 2019A Remarketable Junior Subordinated Notes due 2024 (“Series 2019A RSNs”) and (iii) a 1/40 undivided beneficial ownership interest in $1,000 principal amount of the Company’s Series 2019B Remarketable Junior Subordinated Notes due 2027 (“Series 2019B RSNs” and, together with the Series 2019A RSNs, the “RSNs”). Each series of RSNs will initially bear interest at the rate of 2.70% per annum, payable quarterly, subject to any deferral as described herein, and subject to reset following a successful remarketing as described herein.  This security was issued by Southern Co, whose common stock symbol is SO.

$51.70  +0.20 (0.39%)
As of 10/19/2021 10:57:35 EST     IEX book   CBOE book


Security Information
Category1:  US Equity
Category2:  Units
Category3:  Large cap
GICS sector:  Utilities
Industry:  Utilities—Regulated Electric
Index country:  USA
Country of incorporation:  USA
IPO date:  08/21/2019
Outstanding shares:  1,287,435,933
Average volume:  122,953
Market cap:   $66,843,673,638
Current dividend yield:  6.34%
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
CUSIP:    
ISIN:        
Sedol:      

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