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Southern Co. to redeem $300M of floating-rate notes

Southern Co. plans to redeem $300 million of its series 2017A floating-rate senior notes Sept. 30.

The notes are due Sept. 30, 2020, and will be redeemed at a price of 100% of the principal amount of the notes plus accrued and unpaid interest to the redemption date, according to an Aug. 26 news release.