Deals 01/08/2020

Loop Capital Markets serves as co-manager in $1.0 billion junior subordinated preferred notes offering of Southern Company

January 8th, 2020

On January 8, 2020, Loop Capital Markets acted as a co-manager on a junior subordinated preferred notes offering of Southern Company. The notes are rated Baa3/BBB across a 60-year tenor.

Southern Company intends to use the net proceeds of the offering for refinancing and general corporate purposes.