Saturday, October 5, 2019

PG&E Lines Up $34 Billion in Debt Financing Amid Creditor Fight

PG&E Lines Up $34 Billion in Debt Financing Amid Creditor Fight: (Bloomberg) -- PG&E Corp., seeking to fend off a group of bondholders trying to take control of its bankruptcy, said it has lined up $34.4 billion in debt financing commitments for its planned reorganization.The California utility giant has received the commitments from banks including JPMorgan Chase

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