On August 3, 2026, The Southern Company announced proposed private offerings of $650 million in aggregate principal amount of convertible senior notes due December 15, 2027, and $1.5 billion in aggregate principal amount of convertible senior notes due September 15, 2029. The company expects to grant initial purchasers options to purchase up to an additional $97.5 million of the 2027 notes and $225 million of the 2029 notes. Southern Company intends to use a portion of the net proceeds from these offerings to repurchase existing convertible senior notes due in 2027 and 2028 through individually negotiated transactions, with any remaining proceeds allocated to repay short-term debt and for general corporate purposes. The company operates as a leading energy provider serving 9 million customers across the Southeast through electric, natural gas distribution, generation, and telecommunications services.