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Prospect News home > News index > List of issuers S > Headlines for Southern Co. > News item |
Fitch rates Southern Co. floaters BBB+
Fitch Ratings said it assigned a BBB+ rating to the Southern Co.'s $600 million of series 2021C floating-rate senior notes due May 10, 2023.
Southern Co.’s long-term issuer default rating is BBB+.
The proceeds will be used to repay all or a portion of commercial paper and for other general corporate purposes, which may include investment by the company in its subsidiaries.
The outlook is stable.
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