Hunton Andrews Kurth Advises Underwriters on Southern Company’s $1.5 Billion Senior Notes Offering

Hunton Andrews Kurth LLP advised the underwriters on SEC-registered offerings by The Southern Company of $750 million aggregate principal amount of Series 2023B 4.85% Senior Notes due June 15, 2028 and $750 million aggregate principal amount of Series 2023C 5.20% Senior Notes due June 15, 2033.

The Southern Company is the parent company of three traditional electric operating companies, Southern Power Company, Southern Company Gas, PowerSecure 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 and gas marketing services. PowerSecure Inc. develops distributed energy and resilience solutions and deploys microgrids for commercial, industrial, governmental, and utility customers.

The Hunton Andrews Kurth team included Peter K. O’Brien, Steven C. Friend, Patrick C. Jamieson, Michelle G. Chan and Monika M. Dziewa. Robert McNamara, William Freeman and Drew Hermiller provided tax advice.