Southern Co. Announces $1.75 Billion Equity Unit Offering
Southern Co. plans to offer 35 million equity units at $50 each in a public offering, with an aggregate stated amount of $1.75 billion.
ATLANTA (dpa-AFX) - The Southern Co. (SO), an energy provider, on Thursday announced plans to offer 35 million equity units in a public offering, with an aggregate stated amount of $1.75 billion.The company said that each equity unit will be priced at $50 and include a contract to purchase the comp…