Limited information is available on this old issue. Detail on this page were extracted from the company 10-K report
Shares may redeemed at anytime with not less than 30 days and not more 60 days notice. In event of a partial call the shares to be called as selected by lot as determined by the board of directors
Redeemable at $103
So long as no event of default has occurred and is continuing, we may defer interest payments on one or more occasions for up to 40 consecutive quarterly periods, as described in this prospectus supplement. Any deferred interest payments will bear additional interest at the rate of 4.375% per year, to the extent legally permitted. The junior subordinated debentures will mature on December 1, 2081.
So long as no event of default has occurred and is continuing, we may defer interest payments on one or more occasions for up to 40 consecutive quarterly periods, as described in this prospectus supplement. Any deferred interest payments will bear additional interest at the rate of 4.375% per year, to the extent legally permitted.
So long as no Event of Default has occurred and is continuing, The Southern Company may defer interest payments on the Series 2015A Junior Subordinated Notes on one or more occasions for up to 40 consecutive quarterly periods as described in this Prospectus Supplement. Deferred interest payments will accrue additional interest at a rate equal to the interest rate then applicable to the Series 2015A Junior Subordinated Notes, compounded quarterly, to the extent permitted by applicable law.
