Deal In Brief
Southern Company is an American gas and electric utility holding company, has priced USD750 Million in private placement of 4.85% senior notes due June 15th 2028
The issues were sold at the price of 99.848% at par. The bookrunners of the placement were Barclays, BofA Securities, Mitsubishi UFJ Financial Group, U.S. Bancorp, RBC Capital Markets, Wells Fargo.
Deal Value (US$ Million) | 750 |
Deal Type | Private Placement |
Sub-Category | None |
Deal Status | Announced: 2023-05-15 |
Deal Participants
Target (Company) | Southern Company |
Acquirer (Company) | Undisclosed Company |
Deal Rationale
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