Pimco, Other PG&E Creditors Said to Pitch $35 Billion Exit Plan - Bloomberg

Pimco, Other PG&E Creditors Said to Pitch $35 Billion Exit Plan - Bloomberg: Some of the biggest players in distressed debt are proposing a $35 billion plan that would allow California utility giant PG&E Corp. to emerge from bankruptcy within a year, according to people familiar with the matter.