Southern Power prepares to bring two-part offering of senior notes

By Cristal Cody

Tupelo, Miss. Nov. 12 – Southern Power Co. plans to price two tranches of senior notes, according to filings with the Securities and Exchange Commission on Thursday.

The sale includes series 2015C notes and series 2015D notes.

BofA Merrill Lynch, Barclays, MUFG, Mizuho Securities and Morgan Stanley & Co. LLC are the bookrunners.

Proceeds will be used for renewable energy generation projects.

Southern Power is an Atlanta-based electric company.

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