Southern Natural Gas Company, founded in 1982 and headquartered in Birmingham, Alabama, is a significant player in the natural gas industry, primarily focused on the gathering, processing, and transportation of natural gas across the southeastern United States. The company operates an extensive pipeline network that supports various utility and industrial customers, ensuring reliable access to natural gas resources.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SONGAS 4.80% 2047-03-15 USDSouthern Natural Gas Co | United States | 2047-03-15 | 4.800 | 5.82 |
| SONGAS 4.80% 2047-03-15 USDSouthern Natural Gas Co | United States | 2047-03-15 | 4.800 | 5.82 |
| SONGAS 4.80% 2047-03-15 USDSouthern Natural Gas Co | United States | 2047-03-15 | 4.800 | 5.82 |
| SONGAS 7.35% 2031-02-15 USDSouthern Natural Gas Co | United States | 2031-02-15 | 7.350 | 4.99 |
| SONGAS 8.00% 2032-03-01 USDSouthern Natural Gas Co | United States | 2032-03-01 | 8.000 | 4.97 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Southern Natural Gas has a strong history of bond issuances, beginning with its inaugural bonds in the early 1980s to fund expansion projects. Notably, in 2021, the company issued $500 million in senior unsecured notes, leveraging favorable market conditions and achieving competitive yields compared to its industry peers. Currently, Southern Natural Gas's bond offerings feature flexible maturities and are often rated investment grade, reflecting the company’s stable operational performance and commitment to maintaining a strong financial position.