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Moody's Investors Service, (Moody's) downgraded the ratings of Georgia Power Company (Georgia Power) including its senior unsecured rating to Baa1 from A3 and placed the ratings on review for downgrade. Moody's affirmed the ratings of The Southern Company (Southern) including its Baa2 senior unsecured rating and Prime-2 commercial paper rating.
Rating Action: Moody's affirms Georgia Power at A3 negative; affirms Southern at Baa2 stable. Global Credit Research- 05 Jan 2018. Approximately $20 billion of debt securities affirmed.