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Georgia Power files shelf for preferred stock, preference stock, notes
By Devika Patel
Knoxville, Tenn., March 1 - Georgia Power Co. filed a shelf registration for an unspecified amount in an S-3 filing with the Securities and Exchange Commission.
The registration covers class A preferred stock, preference stock, depositary preference shares, senior notes and junior subordinated notes.
Proceeds will be used in connection with the company's ongoing construction program, to pay scheduled maturities or refundings of securities, repay short-term debt and for other general corporate purposes.
The electric subsidiary of the Southern Co. is based in Atlanta.
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