Alabama Power to redeem six series of preferred stock

By Wendy Van Sickle

Columbus, Ohio, May 13 – Alabama Power Co. said it issued a notice of redemption for six series of its preferred stock, each of which has a $100 par value, according to a press release.

The company will redeem its

• 4.2% preferred stock (Cusip: 010392207) at $105 per share;

• 4.6% preferred stock (Cusip: 010392405) at $104.20 per share;

• 4.92% preferred stock (Cusip: 010392702) at $103.23 per share;

• 4.52% preferred stock (Cusip: 010392306) at $102.93 per share;

• 4.64% preferred stock (Cusip: 010392504) at $103.14 per share; and

• 4.72% preferred stock (Cusip: 010392603) at $102.18 per share.

The redemption date for each series will be June 21.

Holders will also receive accrued dividends.

The electric subsidiary of the Southern Co. is based in Birmingham, Ala.

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