Hunton Andrews Kurth Advises Purchasers in Mississippi Power Company’s Private Placement of $100 Million Senior Notes

Hunton Andrews Kurth LLP advised the purchasers in connection with Mississippi Power Company’s issuance of $100 million aggregate principal amount of its senior notes consisting of (a) $65 million aggregate principal amount of its Series 2023A 5.64% Senior Notes due July 15, 2026 (the “Series 2023A Notes”) and (b) $35 million aggregate principal amount of its Series 2023B 5.63% Senior Notes due July 15, 2033 (the “Series 2023B Notes”, together with the Series 2023A Notes, the “Notes”), each in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended. The Notes were issued  on June 28, 2023.

Mississippi Power is a wholly owned subsidiary of The Southern Company. Mississippi Power is engaged in the generation, transmission, distribution, and purchase of electricity and the sale of electric service within 23 counties of southeastern Mississippi, at retail in 123 communities (including Biloxi, Gulfport, Hattiesburg, Laurel, Meridian and Pascagoula), as well as in rural areas, and at wholesale to one municipality, six rural electric distribution cooperative associations, and one generating and transmitting cooperative.

The Hunton Andrews Kurth team included Peter O’Brien, Steven C. Friend, Michelle G. Chan and Monika M. Dziewa. Leslie Okinaka provided ERISA advice.