Hunton Andrews Kurth Advises Underwriters on Southern Company’s $1 Billion Senior Notes Offering

Hunton Andrews Kurth LLP advised the underwriters on SEC-registered offerings by The Southern Company of $600 million aggregate principal amount of Series 2021A 0.60% Senior Notes due February 26, 2024 and $400 million aggregate principal amount of Series 2021B 1.75% Senior Notes due March 15, 2028.

The Southern Company is the parent company of three traditional electric operating companies, Southern Power Company, Southern Company Gas, PowerSecure Inc. and other direct and indirect subsidiaries. The traditional electric operating companies – Alabama Power Company, Georgia Power Company and Mississippi Power Company – are vertically integrated utilities providing electric service in three Southeastern states of the United States. Southern Power Company develops, constructs, acquires, owns and manages power generation assets, including renewable energy projects, and sells electricity at market-based rates in the wholesale market. Southern Company Gas distributes natural gas through the natural gas distribution utilities in four states and is involved in several other complementary businesses including gas pipeline investments, wholesale gas services and gas marketing services. PowerSecure Inc. is a provider of energy solutions, including distributed energy infrastructure and energy efficiency products and services, to customers.

The Hunton Andrews Kurth team included Bud Ellis, Peter K. O’Brien, Steve Friend, Patrick Jamieson and Michelle G. Chan. Robert McNamara and Tim Strother provided tax advice.