Georgia Power Company Announces $1.3 Billion Debt Offering Through Multiple Senior Note Issuances

Georgia Power Company filed an 8-K on May 19, 2026, reporting a significant debt offering totaling $1.3 billion through multiple senior note issuances. The company entered into underwriting agreements for: (1) an additional $150 million of Series 2025B 4.85% Senior Notes due March 15, 2031, bringing the total outstanding Series 2025B notes to $900 million; (2) $600 million of Series 2026A Floating Rate Senior Notes due November 22, 2027; and (3) $550 million of Series 2026B 4.60% Senior Notes due June 15, 2029. All notes were registered under the Securities Act via shelf registration statement 333-285111. The filing includes detailed underwriting agreements with BMO Capital Markets, Mizuho Securities, MUFG Securities Americas, RBC Capital Markets, and SMBC Nikko Securities as representatives. The offering proceeds will be used for general corporate purposes, and the notes are subject to various selling restrictions across different jurisdictions including Canada, EEA, UK, Japan, Korea, Singapore, Switzerland, Taiwan, and UAE.