Wires

New Issue - Alabama Power sells $400 mln notes

Oct 9 (Reuters) - Alabama Power Co

on Tuesdaysold $400 million of senior notes, said IFR, a Thomson Reutersservice.

The size of the deal was increased from the originallyplanned $250 million.

Morgan Stanley and RBS were the joint bookrunning managersfor the sale.

BORROWER: ALABAMA POWERAMT $400 MLN COUPON 0.55 PCT MATURITY 10/15/2015TYPE SR NTS ISS PRICE 99.878 FIRST PAY 04/15/2013MOODY'S A2 YIELD 0.591 PCT SETTLEMENT 10/16/2012S&P SINGLE-A SPREAD 25 BPS PAY FREQ SEMI-ANNUALFITCH A-PLUS MORE THAN TREAS NON-CALLABLE N/A(Editing by M.D. Golan)

((New Issue by Thomson Reuters)(+1-646-223-6886 e-mail:uscorpbonds@reuters.com))

Keywords: ALABAMAPOWER NOTES