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BCS

Current Report · Items 8.01, 9.01 · 8-K

SOUTHERN CO

Other Events

Item 8.01. Other Events. On November 3, 2025, The Southern Company (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with the underwriters named in Schedule I thereto (the “Underwriters”), for whom BofA Securities, Inc., J.P.…

Filed Nov 6, 2025Accepted Nov 6, 2025, 3:31 PM ESTCIK 92122Accession 0000092122-25-000094
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Company context

Current securities

Recent company filings

  1. 144 filingSep 3, 2026
  2. 144 filingSep 3, 2026
  3. 144 filingSep 1, 2026
  4. 144 filingAug 6, 2026
  5. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Unregistered Sales of Equity SecuritiesAug 6, 2026

Disclosure sections

Items 8.01, 9.01

Select an item to read the extracted section. The as-filed document remains the primary evidence.

Item 8.01Item 8.01 - Other Events
Item 8.01. Other Events. On November 3, 2025, The Southern Company (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with the underwriters named in Schedule I thereto (the “Underwriters”), for whom BofA Securities, Inc., J.P. Morgan Securities LLC and Mizuho Securities USA LLC are acting as representatives, covering the issuance and sale of 35,000,000 equity units, initially in the form of corporate units (the “Corporate Units”). Pursuant to the Underwriting Agreement, the Company also granted the Underwriters an option to purchase up to an additional 5,000,000 Corporate Units to cover over-allotments. On November 6, 2025, the Company completed its offering of the 40,000,000 Corporate Units, including the exercise in full of the Underwriters’ over-allotment option. Each Corporate Unit has a stated amount of $50 and is comprised of (i) a purchase contract (each, a “stock purchase contract”) which will obligate the holder to purchase from the Company, no later than December 15, 2028, a certain number of shares of the Company’s common stock, $5 par value (the “Common Stock”), for $50 in cash; (ii) a 1/40 undivided beneficial ownership interest in $1,000 principal amount of the Company’s Series 2025B Remarketable Senior Notes due 2030 (the “Series 2025B RSNs”); and (iii) a 1/40 undivided beneficial ownership interest in $1,000 principal amount of the Company’s Series 2025C Remarketable Senior Notes due 2033 (the “Series 2025C RSNs” and, together with the Series 2025B RSNs, the “RSNs”). Total annual distributions on the Corporate Units will be at the rate of 7.125% of the stated amount, consisting of quarterly contract adjustment payments under the stock purchase contracts in the amount of 2.975% per year and interest on the RSNs in the amount of 4.15% per year. The RSNs were issued pursuant to the Senior Note Indenture, dated as of January 1, 2007 (the “Senior Note Indenture”), between the Company and Computershare Trust Company, N.A., as successor trustee, as amended and supplemented, including by a Thirty-Fifth Supplemental Indenture and a Thirty-Sixth Supplemental Indenture, each dated as of November 6, 2025. The stock purchase contracts were issued pursuant to a Purchase Contract and Pledge Agreement dated as of November 6, 2025 (the “Purchase Contract and Pledge Agreement”), between the Company and U.S. Bank Trust Company, National Association, in its capacity as the purchase contract agent, collateral agent, custodial agent and securities intermediary. Under the terms of the Purchase Contract and Pledge Agreement, the RSNs are pledged as collateral to secure the obligations of the holders of the Corporate Units to purchase the shares of Common Stock under the stock purchase contracts that form a part of the Corporate Units. Each of the RSNs will be remarketed, subject to certain terms and conditions, prior to the applicable stock purchase contract settlement date pursuant to the terms of the Purchase Contact and Pledge Agreement and a remarketing agreement to be entered into among the Company, U.S. Bank Trust Company, National Association and a remarketing agent. The Corporate Units were registered under the Securities Act of 1933, as amended, pursuant to the shelf registration statement (Registration No. 333-277138) of the Company. The foregoing disclosure is qualified in its entirety by reference to the Underwriting Agreement which is attached hereto as Exhibit 1.6, the Senior Note Indenture previously filed with the Securities and Exchange Commission, the Thirty-Fifth Supplemental Indenture, which is attached hereto as Exhibit 4.2(a), the Thirty-Sixth Supplemental Indenture, which is attached hereto as Exhibit 4.2(b), the form of Series 2025B RSN, which is included in Exhibit 4.2(a) hereto, the form of Series 2025C RSN, which is included in Exhibit 4.2(b) hereto, the Purchase Contract and Pledge Agreement, which is attached hereto as Exhibit 4.9, and the forms of Remarketing Agreement, Corporate Unit and Treasury Unit, each of which is included in Exhibit 4.9 hereto.
Filed exhibits (3)
EX-4.2 (by filename) ex4-2asoutherncompanyx35th.htm

EX-4.2A 3 ex4-2asoutherncompanyx35th.htm EX-2.2A Document Exhibit 4.2(a) THE SOUTHERN COMPANY TO COMPUTERSHARE TRUST COMPANY, N.A., TRUSTEE _______________ THIRTY-FIFTH SUPPLEMENTAL INDENTURE DATED AS OF NOVEMBER 6, 2025 _______________ SERIES 2025B REMARKETABLE SENIOR NOTES DUE DECEMBER 15, 2030 TABLE OF CONTENTS1 Page ARTICLE 1 Definitions 1 SECTION 101. Definition of Terms 1 ARTICLE 2 General Terms and Conditions of the Series 2025B Notes 4 SECTION 201. Designation and Principal Amount 4 SECTION 202. Stated Maturity 4 SECTION 203. Form of Payment; Minimum Transfer Restriction 4 SECTION 204. Exchange and Registration of Transfer of Series 2025B Notes; 5 Restrictions on Transfer; Depositary SECTION 205. Interest 5 SECTION 206. Events of Default 6 SECTION 207. No Defeasance …

Open exhibit ↗
EX-4.2 (by filename) ex4-2bsoutherncompanyx36th.htm

EX-4.2B 4 ex4-2bsoutherncompanyx36th.htm EX-4.2B Document Exhibit 4.2(b) THE SOUTHERN COMPANY TO COMPUTERSHARE TRUST COMPANY, N.A., TRUSTEE _______________ THIRTY-SIXTH SUPPLEMENTAL INDENTURE DATED AS OF NOVEMBER 6, 2025 _______________ SERIES 2025C REMARKETABLE SENIOR NOTES DUE DECEMBER 15, 2033 TABLE OF CONTENTS1 Page ARTICLE 1 Definitions 1 SECTION 101. Definition of Terms 1 ARTICLE 2 General Terms and Conditions of the Series 2025C Notes 4 SECTION 201. Designation and Principal Amount 4 SECTION 202. Stated Maturity 4 SECTION 203. Form of Payment; Minimum Transfer Restriction 4 SECTION 204. Exchange and Registration of Transfer of Series 2025C Notes; 5 Restrictions on Transfer; Depositary SECTION 205. Interest 5 SECTION 206. Events of Default 6 SECTION 207. No Defeasance …

Open exhibit ↗
EX-4.9 (by filename) ex4-9socoequityunitsxpurch.htm

EX-4.9 5 ex4-9socoequityunitsxpurch.htm EX-4.9 Document Exhibit 4.9 THE SOUTHERN COMPANY and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, as Purchase Contract Agent, Collateral Agent, Custodial Agent and Securities Intermediary PURCHASE CONTRACT AND PLEDGE AGREEMENT Dated as of November 6, 2025 TABLE OF CONTENTS Page ARTICLE I DEFINITIONS AND OTHER PROVISIONS OF GENERAL 1 APPLICATION Section 1.01 Definitions 1 Section 1.02 Compliance Certificates and Opinions 23 Section 1.03 Form of Documents Delivered to Purchase Contract Agent 24 Section 1.04 Acts of Holders; Record Dates 24 Section 1.05 Notices 26 Section 1.06 Notice to Holders; Waiver 27 Section 1.07 Effect of Headings and Table of Contents 27 Section 1.08 Successors and Assigns 27 Section 1.09 Separability Clause …

Open exhibit ↗

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