SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) November 12, 1998
ALABAMA POWER COMPANY
- -------------------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
- -------------------------------------------------------------------------------
Alabama 1-3164 63-0004250
- -------------------------------------------------------------------------------
(State or other jurisdiction (Commission File (IRS Employer Identification
of incorporation) Number) No.)
600 North 18th Street, Birmingham, Alabama 35291
- -------------------------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (205) 257-1000
-----------------------------
N/A
- -------------------------------------------------------------------------------
(Former name or former address, if changed since last report.)
Item 5. Other Events.
On November 12, 1998, Alabama Power Company (the "Company")
entered into an Underwriting Agreement covering the issue and sale by the
Company of $156,200,000 aggregate principal amount of its Series I 5.35% Senior
Notes due November 15, 2003 (the "Series I Senior Notes"). Said Notes were
registered under the Securities Act of 1933, as amended (the "Securities Act"),
pursuant to the shelf registration statement (Registration Statement Nos.
333-53299, 333-53299-01, 333-53299-02 and 333-53299-03) of the Company.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits.
1 Underwriting Agreement, dated November 12, 1998,
between the Company and Goldman, Sachs & Co., as the
Underwriter.
4.2 Ninth Supplemental Indenture to Senior Note Indenture
dated as of November 17, 1998, providing for the
issuance of the Series I Senior Notes.
4.7 Form of Series I Senior Note (included in Exhibit 4.2
above).
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
Date: November 16, 1998 ALABAMA POWER COMPANY
By /s/Wayne Boston
Wayne Boston
Assistant Secretary