Georgia Power Company Series 2017A 5.00% Junior Subordinated Notes due October (GPJA)
Frequently Asked Questions About Georgia Power Company Series 2017A 5.00% Junior Subordinated Notes due October (GPJA)
Are the Series 2017A Junior Subordinated Notes callable?
Yes, the Series 2017A Junior Subordinated Notes can generally be called by Georgia Power before their maturity date under specific conditions. This allows the company to refinance its debt if market conditions become favorable.
Can individuals invest in the Series 2017A Junior Subordinated Notes?
Yes, individual investors can invest in the Series 2017A Junior Subordinated Notes through brokerage accounts. However, they should consult with a financial advisor to determine if this investment aligns with their financial goals.
How does Georgia Power approach sustainability?
Georgia Power has committed to transitioning towards a more sustainable energy grid by investing in renewable energy sources and improving energy efficiency. The company aims to reduce greenhouse gas emissions significantly by 2030 as part of its sustainability goals.
How does Georgia Power handle customer service?
Georgia Power prioritizes customer service by offering multiple channels for support, including online resources, a customer service phone line, and community outreach programs. Their aim is to provide timely assistance and information to improve customer satisfaction.
How does Georgia Power impact the local economy?
Georgia Power plays a significant role in the local economy by providing jobs, fostering business growth, and generating tax revenues. The utility's infrastructure investments also enhance regional economic development and attract new businesses.
How does Georgia Power reported its financials?
Georgia Power reports its financial performance through quarterly and annual financial statements filed with the Securities and Exchange Commission (SEC). These reports provide transparency for investors and insights into the company’s operational and financial health.
What are Junior Subordinated Notes?
Junior Subordinated Notes are a type of debt security that ranks below other debts in terms of claims on assets or earnings. They typically offer higher yields to compensate for the increased risk, as they would be repaid after other senior debts in the event of liquidation.
What are the risks associated with investing in the Series 2017A notes?
Investing in the Series 2017A Junior Subordinated Notes carries risks such as interest rate risk, credit risk, and liquidity risk. Investors should assess these factors in light of their investment strategy and market conditions.
What community initiatives does Georgia Power have?
Georgia Power engages in various community initiatives, including energy efficiency programs, educational opportunities, and environmental stewardship. These initiatives are designed to enhance the quality of life for Georgia residents while promoting sustainability.
What does Georgia Power Company do?
Georgia Power Company is a subsidiary of Southern Company, providing electricity to approximately 2.6 million customers in Georgia. It is involved in the generating, transmitting, and distributing of electricity and is engaged in foster sustainable energy solutions for its customers.
What is the interest rate of the Series 2017A Junior Subordinated Notes?
The Series 2017A Junior Subordinated Notes carry a fixed interest rate of 5.00%. This interest rate provides a consistent return for investors, making it an attractive option for income-seeking holders.
What is the maturity date of the Series 2017A Junior Subordinated Notes?
The Series 2017A Junior Subordinated Notes are set to mature in October 2077. Their long maturity allows Georgia Power to secure financing at fixed rates, beneficial for long-term infrastructure investments.
What is the NYSE ticker symbol for these notes?
The NYSE ticker symbol for the Series 2017A Junior Subordinated Notes is GPJA. This symbol is used by investors and brokers to trade the notes on the stock exchange.
What is the rating of the Series 2017A Junior Subordinated Notes?
The Series 2017A Junior Subordinated Notes are typically rated by credit rating agencies, which assess the creditworthiness of the issuer. Ratings can vary, providing insight into the relative risk associated with the notes.
What is the significance of subordinated debt?
Subordinated debt, like the Junior Subordinated Notes, is considered riskier for investors because it ranks lower in priority during liquidation. However, it often offers higher returns to compensate for that risk, making it an attractive investment for those seeking yields.
What regulatory body oversees Georgia Power?
Georgia Power is regulated by the Georgia Public Service Commission (PSC). The PSC oversees the utility's rates and services to ensure they meet standards of safety, adequacy, and reliability for customers.
What types of energy does Georgia Power generate?
Georgia Power generates electricity from various sources, including natural gas, coal, nuclear power, and renewable sources such as solar and hydroelectric power. This diverse energy mix allows the company to provide reliable energy while transitioning towards cleaner methods.
When were the Series 2017A Junior Subordinated Notes issued?
The Series 2017A Junior Subordinated Notes were issued in 2017. The issuance was part of Georgia Power's strategy to secure low-cost long-term funding for its capital needs.
Who is the parent company of Georgia Power?
Georgia Power is a subsidiary of Southern Company, one of the largest utilities in the United States. Southern Company not only owns Georgia Power but also provides energy services to millions across multiple states.
What is the current price of Georgia Power Company Series 2017A 5.00% Junior Subordinated Notes due October?
The current price of Georgia Power Company Series 2017A 5.00% Junior Subordinated Notes due October is 23.23
When was Georgia Power Company Series 2017A 5.00% Junior Subordinated Notes due October last traded?
The last trade of Georgia Power Company Series 2017A 5.00% Junior Subordinated Notes due October was at 7:00 pm EST on November 11th, 2025