Michele Kearney's Nuclear Wire - Major Energy and Environmental News and Commentary affecting the Nuclear Industry. Nuclear Activities
Tuesday, October 1, 2019
PG&E Permitted Under Backstop to Issue up to $14B of New Shares
PG&E Permitted Under Backstop to Issue up to $14B of New Shares: PG&E Corporation entered into additional backstop commitment letters which provides that debtors will be permitted to issue new shares of PG&E Corporation for up to $14 billion of proceeds to finance proposed reorganization plan.
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