Deals
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08/16/2023
On September 15, 2020, Loop Capital Markets acted as a co-manager on a one-tranche, $750 million, junior subordinated bond offering for Southern Company. The 30 year junior subordinated bond is rated Baa1/A-.
Use of proceeds are earmarked for redeeming previous bonds and repaying a previous term loan. Any remaining net proceeds will be used for other general corporate purposes.