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Southern Company (SO) announced offerings of USD 650mln in aggregate principal amount of its convertible senior notes due December 15, 2027 and USD 1.5bln of convertible senior notes due September 15th, 2029

StockNow breaking-news AI analysis

Southern Company is raising $2.15 billion through convertible notes to fund infrastructure expansion driven by unprecedented data center demand while targeting a 17% FFO-to-debt ratio by 2029.

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