BIRMINGHAM, Ala., April 16, 2015 /PRNewswire/ -- Alabama Power
Company today announced that it issued a notice of redemption for
all of the following series of preferred and preference
stock:
5.20% Class A Preferred Stock, Cumulative, Par Value
$1 Per Share (Stated Capital
$25 Per Share) CUSIP No.
010392595
5.30% Class A Preferred Stock, Cumulative, Par Value
$1 Per Share (Stated Capital
$25 Per Share) CUSIP No.
010392561
5.625% Preference Stock, Non-Cumulative, Par Value $1 Per Share (Stated Capital $25 Per Share) CUSIP No. 010392512
The redemption date for each of the above series of preferred
and preference stock will be May 15,
2015. The redemption price per share for each series of
preferred and preference stock to be redeemed shall be equal to
$25 per share plus accrued and unpaid
dividends to the date of redemption. No dividends on the
preferred and preference stock being redeemed will accrue on or
after the redemption date, nor will any interest accrue on amounts
held to pay the redemption price.
Questions relating to, and request for copies of the notice of,
this redemption should be directed to Computershare Trust Company,
N.A. at 800-546-5141.
Alabama Power, a subsidiary of Atlanta-based Southern Company (NYSE:SO),
provides reliable electricity to more than 1.4 million customers at
a total retail price that has been below the national average for
decades. Learn more at www.alabamapower.com.
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SOURCE Alabama Power Company