Wednesday, June 26, 2019

PG&E bondholders propose bankruptcy exit plan worth up to $30 bln - Reuters

PG&E bondholders propose bankruptcy exit plan worth up to $30 bln - Reuters: A committee of bondholders of PG&E Corp's utility unit on Tuesday proposed a bankruptcy reorganization plan that would inject up to $30 billion to help the California power provider emerge from Chapter 11 and pay off its liability from wildfires.

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