ALABAMA POWER CO
U-6B-2, 1999-06-01
ELECTRIC SERVICES
Previous: ABBOTT LABORATORIES, SC 13D/A, 1999-06-01
Next: ALLIED CAPITAL CORP, 497, 1999-06-01



                       SECURITIES AND EXCHANGE COMMISSION

                                Washington, D.C.

                                   FORM U-6B-2

                           Certificate of Notification

                                    Filed by

                              ALABAMA POWER COMPANY

                                 (the "Company")

         This certificate is notice that the above named company has issued,
renewed or guaranteed the security or securities described herein which issue,
renewal or guaranty was exempted from the provisions of Section 6(a) of the Act
and was neither the subject of a declaration or application on Form U-1 nor
included within the exemption provided by Rule U-48.

Item 1.  Type of security or securities.

                  Series J 6.75% Senior Notes due June 30, 2039 (the "Notes")

Item 2.  Issue, renewal or guaranty.

                  Issue

Item 3.  Principal amount of each security.

                  $200,000,000

Item 4.  Rate of interest per annum of each security.

                  6.75%

Item 5. Date of issue, renewal or guaranty of each security.

                  May 26, 1999

Item 6. If renewal of security, give date of original issue.

                  Not Applicable

Item 7.  Date of maturity of each security.

                  June 30, 2039


<PAGE>


                                      - 2 -

Item 8. Name of person to whom each security was issued, renewed or guaranteed.

        The Company issued and sold the Notes to Morgan Stanley & Co.
        Incorporated, A.G. Edwards & Sons, Inc., Merrill Lynch,
        Pierce, Fenner & Smith Incorporated, PaineWebber Incorporated,
        Prudential Securities Incorporated and Salomon Smith Barney
        Inc., as representatives of the Underwriters, pursuant to an
        Underwriting Agreement dated May 19, 1999.

Item 9. Collateral given with each security, if any.

                  None

Item 10. Consideration received for each security.

                  $193,700,000.

Item 11. Application of proceeds of each security.

                  The proceeds from the sale of the Notes will be applied by the
                  Company to repay a portion of its outstanding short-term
                  indebtedness.

Item 12. Indicate by a check after the applicable statement below whether the
         issue, renewal or guaranty of each security was exempt from the
         provisions of Section 6(a) because of:

         a.       the provisions contained in the first sentence of Section
                  6(b)___

         b.       the provisions contained in the fourth sentence of Section
                  6(b)___

         c.       the provisions contained in any rule of the Commission other
                  than Rule U-48_X_

Item 13. Not Applicable.

Item 14. Not Applicable.


<PAGE>


                                      - 3 -

Item 15. If the security or securities are exempt from the provisions of Section
         6(a) because of any rule of the Commission other than Rule U-48,
         designate the rule under which exemption is claimed.

                  Rule 52

Date:  June 1, 1999                          ALABAMA POWER COMPANY



                                             By:    /s/Wayne Boston
                                                       Wayne Boston
                                                   Assistant Secretary



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission