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) January 21, 1998 ------------------------------ GEORGIA POWER COMPANY - ------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) - ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- Georgia 1-6468 58-0257110 - ------------------------------------------------------------------------------- (State or other jurisdiction (Commission File (IRS Employer Identification of incorporation) Number) No.) 241 Ralph McGill Boulevard, NE, Atlanta, Georgia 30308 - ------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (404) 526-6526 ----------------------------- 333 Piedmont Ave., NE, Atlanta, Georgia 30308 - ------------------------------------------------------------------------------- (Former name or former address, if changed since last report.) Item 5. Other Events. On January 21, 1998, Georgia Power Company (the "Company") entered into an Underwriting Agreement covering the issue and sale by the Company of $145,000,000 aggregate principal amount of its Series A 6 7/8% Senior Public Income Notes due December 31, 2047. Said Notes were registered under the Securities Act of 1933, as amended, pursuant to the shelf registration statement (Registration Statement Nos. 333-43895, 333-43895-01, 333-43895-02 and 333-43895-03) of the Company. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. (c) Exhibits. 1 Underwriting Agreement, dated January 21, 1998, between the Company and Smith Barney Inc. 4.1 Senior Note Indenture dated as of January 1, 1998 between the Company and The Chase Manhattan Bank, as Trustee. 4.2 First Supplemental Indenture to Senior Note Indenture dated as of January 27, 1998, providing for the issuance of the Company's Series A 6 7/8% Senior Public Income Notes due December 31, 2047. 4.7 Form of Series A 6 7/8% Senior Public Income 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: January 27, 1998 GEORGIA POWER COMPANY /s/ Wayne Boston By Wayne Boston Assistant Secretary