Southern Company (The) | 5.83% Class A Preferred Stock Cumulative (ALP.PRO)
This preferred is marked as having been called.
Prospectus excerpt: This Prospectus Supplement of Alabama Power Company ("ALABAMA") relates to 1,520,000 shares of 5.83% Class A Preferred Stock, Cumulative, Par Value $1 Per Share (Stated Capital $25 Per Share) (the "Old Money Preferred Stock") and 6,480,000 shares of 5.20% Class A Preferred Stock, Cumulative, Par Value $1 Per Share (Stated Capital $25 Per Share) (the "New Money Preferred Stock" and, together with the Old Money Preferred Stock, the "new Stock").
ALABAMA shall have the right to redeem the new Stock of each series, in whole or in part, without premium, from time to time, on or after August 19, 2008, upon not less than 30 nor more than 60 days' notice, at a redemption price equal to 100% of the stated capital plus accrued dividends to the redemption date.
Full Prospectus PDF », Secondary Prospectus PDF », SO Page »
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Southern is a holding company. Through its subsidiaries, Alabama Power Company, Georgia Power Company, and Mississippi Power Company, each of which is an operating public utility company, Co. provides electric service to retail customers in three Southeastern states in addition to wholesale customers in the Southeast. Co. also owns Southern Company Gas, which is an energy services holding company whose primary business is the distribution of natural gas in four states, Illinois, Georgia, Virginia, and Tennessee, through the natural gas distribution utilities. Southern Company Gas is also involved in several other businesses that are complementary to the distribution of natural gas. Preferreds: ALP.PRN, ALP.PRO, ALP.PRP, MP.PRD, GPE.PRA, ALP.PRQ Open the SO Information Page » |
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