Thursday, January 23, 2020

PG&E Wins Support From Key Bondholders for Restructuring Plan

PG&E Wins Support From Key Bondholders for Restructuring Plan: (Bloomberg) -- After spending almost a year at war with some of the biggest names in the financial world, bankrupt utility PG&E Corp. has finally got them on its side. Now it needs to win over California’s governor.Late Wednesday, PG&E reached a settlement with noteholders led by bond giant Pacific Investment

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