PG&E Corporation Completes $1.25 Billion Mortgage Bonds Offering, Including 5.000% Bonds Due 2028 and 6.000% Bonds Due 2035

Reuters
05 Jun
PG&E Corporation Completes $1.25 Billion Mortgage Bonds Offering, Including 5.000% Bonds Due 2028 and 6.000% Bonds Due 2035

Pacific Gas and Electric Company (PG&E) announced the completion of a significant debt offering on June 4, 2025. The utility company issued and sold two series of First Mortgage Bonds. The first series includes $400,000,000 in aggregate principal amount with a 5.000% interest rate, maturing in 2028. The second series consists of $850,000,000 in aggregate principal amount with a 6.000% interest rate, maturing in 2035. These bonds are part of PG&E's strategic financing efforts to support its operational and financial needs. For additional details regarding these mortgage bonds, refer to the exhibits attached to the company's recent Form 8-K filing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PG&E Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-134966), on June 04, 2025, and is solely responsible for the information contained therein.

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