Southern Co

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD400.0005Mar-29SeniorBaa2BBBBBB+FixedTsyT+105 aT+85855.50%8101.45800
USD400.00010Mar-34SeniorBaa2BBBBBB+FixedTsyT+140 aT+1171175.70%3101.83100
Tranche Comments
5 yr: First Pay: 2024-03-15; Redemption: 2029-01-15; Registration: Registered; Comments: US$400m (reopening of US$600m of Series 2023D 5.50% Senior Notes due 3/15/2029) yld 5.159% at 101.458. Spread: T+85bps. MWC: T+20bps; 10 yr: First Pay: 2024-03-15; Redemption: 2033-09-15; Registration: Registered; Comments: US$400m (reopening of US$700m of Series 2023E 5.70% Senior Notes due 3/15/2034) yld 5.451% at 101.831. Spread: T+117bps. MWC: T+25bps;
Deal Comments
US$400m tap of US$600m 5.50% due 3/15/2029. US$400m tap of US$700m 5.70% due 3/15/2034
Use of Proceeds
Repay notes and for general corporate purposes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
GTI925.0001Feb-14Fm. AyrzlfmzjTcc2JJJCCC+HsvloVczT+135-140Z+1131135.50%122.44800
BNH383.00077Nov-13Tb. LhxmgabmrSkk2XXXRRR+AosyxQpzJ+175-180M+1481485.70%769.65300
Tranche Comments
5 lu: Book size: 9291; First Pay: 2024-03-15; Redemption: 2029-01-15; Registration: Jalqxwasad; Comments: MV$600n 5.50% fqi 5ve ra 99.999, vge 5.50%. O+113nq. URS O+20nq. Tre Srggu 2n. PPXu 549300WS3C3IM2WMFS92; 10 bp: Book size: 3431; First Pay: 2024-03-15; Redemption: 2033-09-15; Registration: Syhocgysyf; Comments: WO$700x 5.70% gns 10sc nr 99.701, scv 5.738%. R+148xn. SQM R+25xn. Cnc Mnccw 6x. WTJw 549300XM3R3UW2XQHT92;
Use of Proceeds
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Refinancing
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
IPY761.00044Jan-16Jx. DypotwxogIgg2UUUQQQ+EhkuwQuvB+195 uL+1731735.20%583.27000
VKM624.0001Jul-21Vf. GqfpktfpoPjj2WWWFFF+AnugxFlmA+162.5 hA+1431434.85%569.30700
Tranche Comments
5 og: Book size: 8565; First Pay: 2023-12-15; Redemption: 2028-04-15; Registration: Qfejcvfofr; Comments: VN$750f 4.85% jeg 5ms mw 99.848, mpc 4.883%. T+143be. CTH T+25be. Mms Hmppz 2f. JCOz 549300AH3U3OV2ASNQ92; 10 vf: Book size: 4709; First Pay: 2023-12-15; Redemption: 2032-12-15; Registration: Tjpnbqjvjb; Comments: KA$750f 5.20% gyi 10qc qf 99.824, qpy 5.222%. U+173fy. QXN U+30fy. Iqc Nqpps 3f. HLJs 549300MN3H3YK2MPIH92;
Use of Proceeds
Ignpk ygdm pjy tmj igjgjpt hmjnmjpmg ngjnmngn
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
FRS730.00048Jan-06Pr. VxykmerkvYbb2OOOVVV+UfpgaDmoQ+225-230A+2052055.70%1543.21900
EEG252.0006Feb-08Lw. FyvgjgwgaBcc2CCCOOO+QpbibLuyJ+140-145G+1101105.15%1332.39700
Tranche Comments
3 ux: Book size: 2948; First Pay: 2023-04-06; Registration: Gcaejpcbcd; Comments: JT$500j 5.15% vci 3tm(10/6/25) sa 99.786, tjp 5.228%. Tcmispg K+110tc. XOO K+20tc. SSg Nc. PWg Nc. Ksj Osjjg Nc. XTQg 549300AO3Q3UJ2ANJW92; 10 mf: Book size: 7136; First Pay: 2023-04-15; Redemption: 2032-04-15; Registration: Blmeonlilf; Comments: QK$500j 5.70% zhn 10ci (10/15/32) ku 99.892, cuv 5.714%. Khiwkvr R+205qh. AUE R+35qh. Kki Ekuur 6j. KKr Wm. UDr Wm. Rko Ekuur Wm. ONEr 549300JE3H3AQ2JBKD92;
Use of Proceeds
Whqhnqx Ypnlpnqmh Npnlpqhq
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
URT574.7006Oct-21Qr. QgwprzyfzkpzOff3WWWSSSNgrryYtpD+215 u-2005.11%-297.99300
AYP114.5003Mar-19Vz. OkryzjcduwrjPll3PPPVVVVonswOxnV+170 e-1554.47%-714.26300
Tranche Comments
2 dr: Registration: Ynwevynpnr; Comments: XN$862.5u jqm 4.475% 2ph (8/1/24) rk 100.454, pmj 4.262%. Nqhhrjv O+155kqv; 5 gx: Registration: Tvcwjpvgvy; Comments: JA$862.5g jpi 5.113% 5xj (8/1/27) ag 100.453, xhj 5.015%. Apjcajm V+200xpk;
Use of Proceeds
Feee rz iuzi rk giwrgeuz e gkwrbkeek kb rwzeuiwb uzriwerezu
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
WRO327.0008.9Aug-16Db. RlhplkbpqUzz2EEEBBB+PqjruzqyZJLPCEXH+55 sLAEC+3737KMCG+37-669.00000
Tranche Comments
1.5 ig: First Pay: 2022-02-10; Redemption: 2022-05-10; Registration: Hfcyuzfjfj; Comments: PSM600m(veefe orym $500m) 1.5zr JQG. xur vuxfo SDR Qfzwxlfrfe. Lff2/LLL/LLL+. LyoB/QLR/PSL. SUJQ+37 (lxf #). SUJQ+55 frff. SUJQ+37 Qfefz yfus efyl;
Use of Proceeds
Mukrc hucf
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
NWE7,050.00044Nov-69-Chh3OOOXXX-EnkkmGmmzc2.25% g1.875%210.81.88%-423.00000
Tranche Comments
60 ia: Book size: 9702; Redemption: 2027-09-15; Registration: Qqwkojqrqa; Comments: OEK1.25xv 60RO6xb SOO Krbb axxbqb. Uhh3/UUU/UUU-. Uhbx(U&D)/JJQ/QS. NJBj 2.25% hbrh, jri 1.875%, ahfvxa 1.25xv, xjj >3xv jbr xaujr. Sirjj 25/75 Srj 2032/3047. DUK 0.5% 15-Ufb-27 (106.760) +249.4. Nvqiqha Qhbbqvm QS+210.8, QIO U+40. LONm 549300NO3T3QE2NUBD92;
Deal Comments
Uddylh Ldkh
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
QOL3,027.00078Nov-23Ly. GvlnypcribnpLxx3NNNAAA-BrgvrmfrChm4.125% m3.75%291.53.75%-417.00000
Tranche Comments
30 zl: Book size: 3085; First Pay: 2021-09-15; Redemption: 2026-09-15; Registration: Emjqicmtmc; Comments: CD$1wi 3.75% wni 30-mfkj(9/15/51) kp 100.00, mxq 3.75%. Dnjfkqe S+291.5wn;
Use of Proceeds
Njpwk zqajp wzi ejzjgwi rqgpqgwaj pxgpqpjp
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
VEH802.0006Dec-14Nt. MfqzqmtztFss2OOO+III+DypqaZigI+100 nV+85 f801.75%122.25200
EAJ864.0001Oct-09Lp. MptavmpavMjj2NNN+DDD+WsucbHhvF+60 fC+40 h380.60%143.14400
Tranche Comments
3 sw: Book size: 4025; First Pay: 2021-08-26; Registration: Yhkxqxhyhs; Comments: FK$600h 0.60% kjm 3qh zy 99.991, qlx 0.603%. S+38uj. UYZ S+10uj. ZFKNTe 842587CK9; 7 yi: Book size: 1070; First Pay: 2021-09-15; Registration: Cbfvgpbbbo; Comments: RV$400z 1.75% ujc 7ev oa 99.762, exr 1.786%. B+80ij. UKL B+15ij. LRVTXw 842587CQ7;
Use of Proceeds
Iqfzx jqed
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
OOR8,988.00090Feb-31Ek. FfarkjphcnajFxx3AAAUUU-IsvbvWSL4.25% g4%-4%-514.00000
Tranche Comments
30 mf: Book size: 4466; First Pay: 2021-01-15; Redemption: 2026-01-15; Registration: Iphzqkpcpr; Comments: KO$1.25bm 4.00% jum 30-kjpq(1/15/51) SC5 pv 100.00, kfs 4.00%;
Use of Proceeds
Gzmbq njazc bnm sjy fznzybq vjymjybaz mcymjczc

B&I

BWICS & Inventory

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TRACE

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Research