1 min read
Southern Company Plans $1.75 Billion Stated-Amount Equity Units Offering
Each unit will have a stated amount of $50. The company also plans to repurchase notes.

Southern Company plans to issue 35 million equity units in a public offering with an aggregate stated amount of $1.75 billion and also plans to repurchase notes.
Each unit will have a stated amount of $50, bringing the aggregate stated amount to $1.75 billion. The company announced the plans Thursday, Nov. 12.