Alabama Power to price series 2022A senior notes

By Rebecca Melvin

Concord, N.H., March 2 – Alabama Power Co. is offering series 2022A senior notes, according to a 424B5 filing with the Securities and Exchange Commission.

There will be an optional make-whole call followed by a par call.

MUFG, RBC Capital Markets LLC and U.S. Bancorp Investments Inc. are the bookrunners.

Balch & Bingham LLP and Troutman Pepper Hamilton Sanders LLP are working as counsel to the issuer.

Hunton Andrews Kurth LLP is advising the bookrunners.

Proceeds will be used for general corporate purposes, including the company’s continuous construction program.

The issuer is an electric utility based in Birmingham, Ala., and a wholly owned subsidiary of Southern Co.

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