Bond Georgia Energy 4.95% ( US373334KT78 ) in USD

Issuer	Georgia Energy
Market price	99.765 % ▲
Country	United States
ISIN code	US373334KT78 ( in USD )
Interest rate	4.95% per year ( payment 2 times a year)
Maturity	17/05/2033
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Minimal amount	2 000 USD
Total amount	1 000 000 000 USD
Cusip	373334KT7
Standard & Poor's ( S&P ) rating	A ( Upper medium grade - Investment-grade )
Moody's rating	A3 ( Upper medium grade - Investment-grade )
Next Coupon	17/11/2025 ( In 38 days )
Detailed description	Georgia Power is a subsidiary of Southern Company, the largest electric utility in Georgia, providing electricity to more than 2.7 million customers. The US bond market currently highlights an offering from Georgia Power, a key utility provider and a wholly-owned subsidiary of Southern Company (NYSE: SO), one of the largest electric utility holding companies in the United States. As a regulated electric utility, Georgia Power plays a crucial role in delivering reliable electricity generation, transmission, and distribution services to a vast customer base across its service territory, benefiting from a diverse energy mix and a stable operational framework. The specific debt instrument, identified by ISIN US373334KT78 and CUSIP 373334KT7, is a fixed-income bond denominated in USD, carrying a coupon interest rate of 4.95%. This bond, issued from the United States, is set to mature on May 17, 2033, providing a long-term investment horizon. Interest payments are scheduled semi-annually, a typical frequency for corporate bonds, ensuring regular income for bondholders. The total size of this issuance is substantial, amounting to $1,000,000,000, indicating its significance in the market. Currently, the bond is trading on the secondary market at 99.765% of its par value, offering a slight discount to potential investors, with a minimum purchase size set at $2,000. The credit quality of this issuance is affirmed by strong investment-grade ratings from leading agencies: Standard & Poor's has assigned an 'A' rating, while Moody's Investors Service has provided an 'A3' rating. Both ratings fall within the upper-medium investment grade category, underscoring Georgia Power's robust financial health, stable business model, and low credit risk, making this bond an attractive consideration for fixed-income portfolios seeking stability and consistent returns.