PG&E Secures $5.5B in Financing for Bankruptcy - Power Engineering

PG&E Secures $5.5B in Financing for Bankruptcy - Power Engineering: The San Francisco-based utility holding company entered into the DIP with JPMorgan Chase Bank, Bank of America, Barclays and CItiGroup Global Markets, according to its filing with the U.S. Securities and Exchange Commission. PG&E expects its capital expenditures to total approximately $13.5 billion over the next two years.