Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers G > Headlines for Georgia Power Co. > News item |
Georgia Power to price unsubordinated senior floating-rate notes
By Aleesia Forni
Virginia Beach, Va., Aug. 12 - Georgia Power Co. is planning to price an offering of unsubordinated senior 2013C floating-rate notes, according to a filing with the Securities and Exchange Commission.
Barclays and SunTrust Robinson Humphrey Inc. are the joint bookrunners.
Proceeds from the offering will be used to repay $100 million of the company's outstanding series Q 4.9% senior notes due Sept. 15, 2013 and a portion of its $500 million outstanding series 2010D 1.3% senior notes due Sept. 15, 2013.
The electric utility is based in Atlanta.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.