ATLANTA, Oct. 1, 2013 /PRNewswire/ -- Georgia Power
announced today the planned redemption on November 1, 2013 of all $100 million aggregate principal amount of its
Series 2008C 8.20% Senior Notes due November
1, 2048.
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http://photos.prnewswire.com/prnh/20050216/CLW066LOGO )
The redemption price for the full redemption of the Series 2008C
8.20% Senior Notes due November 1,
2048 (NYSE Symbol: GAT) will be 100% of the principal amount
thereof ($25 per senior note), plus
accrued and unpaid interest to the date of redemption.
It is expected that The Bank of New York Mellon, as Trustee,
will notify each registered holder by first class mail on or about
October 1, 2013. The Bank of
New York Mellon is located at 101 Barclay Street, 1st
Floor East, New York, New York 10286.
About Georgia Power
Georgia Power is the largest
subsidiary of Southern Company (NYSE: SO), one of the nation's
largest generators of electricity. Value, Reliability,
Customer Service and Stewardship are the cornerstones of the
company's promise to 2.4 million customers in all but four of
Georgia's 159 counties. Committed
to delivering clean, safe, reliable and affordable energy at rates
below the national average, Georgia Power maintains a diverse,
innovative generation mix that includes nuclear, 21st century coal
and natural gas, as well as renewables such as solar, hydroelectric
and wind. Consistently recognized as a leader in customer
service, Georgia Power was recently ranked highest in overall
business customer satisfaction among large utilities in the South
by J.D. Power and Associates. For more information, visit
www.GeorgiaPower.com and connect with the company on Facebook
(Facebook.com/GeorgiaPower) and Twitter
(Twitter.com/GeorgiaPower).
SOURCE Georgia Power