Southern Company Announces Private Placements Of $650M Of Convertible Senior Notes Due 2027 And $1.5B Of Convertible Senior Notes Due 2029

Reported Earlier, Georgia Power's OpenAI Deal For 3,200 MW In Effingham County Approved, Raising Customer Savings To $180 Per Year From $102

Large-load growth continues to provide benefits to customers with expected savings for Georgia Power customers to increase to $180 per year for the typical residential customer; Agreement builds on company's prior

Morgan Stanley Maintains Underweight on Southern, Lowers Price Target to $89

Morgan Stanley analyst Stephen Byrd maintains Southern (NYSE:SO) with a Underweight and lowers the price target from $92 to $89.

Truist Securities Maintains Hold on Southern, Lowers Price Target to $97

Truist Securities analyst Richard Sunderland maintains Southern (NYSE:SO) with a Hold and lowers the price target from $100 to $97.

Reported Earlier, Southern Company Upsizes And Prices $725M 2.125% Notes Due December 2027 And $1.65B 3.50% Notes Due September 2029, Targeting Debt Repurchase And Repayment