{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-291746","form_type":"8-K","ticker":"PCG","cik":"0001004980","company_name":"PG&E Corp","filed_at":"2023-12-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.802021+00:00","generated_at":"2026-06-07T15:22:25.803172+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"PG&E amends term loan: margin cut 50 bps, maturity extended to 2027; fixes convertible note settlement method","bullets":["Term loan margin reduced from 300 bps to 250 bps; maturity extended to June 23, 2027.","After voluntary prepayments, aggregate term loan principal outstanding is $500 million.","Irrevocable notice fixes settlement method on $2.15B 4.25% convertible notes to Combination Settlement with Specified Dollar Amount ≥ $1,000 per $1,000 principal.","Dec 4 convertible note issuance of $2.15B referred to but not new; amendment is incremental debt management.","Lenders include JPMorgan; bank may receive customary compensation for services."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-291746","json":"https://secwatch.observer/filing/0001193125-23-291746.json","markdown":"https://secwatch.observer/filing/0001193125-23-291746.md","text":"https://secwatch.observer/filing/0001193125-23-291746.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1004980/000119312523291746/0001193125-23-291746-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/75488/000119312523291746/d636341d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T15:22:25.803172+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d87140b2314479bb35e33a818201f1df3035a9f5","claim":"PG&E Corp amended credit facility of the aggregate principal amount of term loans outstanding under the Term Loan Credit Agreement is $500,000,000 with JPMorgan Chase Bank, N.A., as administrative agent at reduce the applicable margin from 300 basis points to 250 basis points maturing extend the maturity date of the term loans outstanding thereunder to June 23, 2027.","evidence_excerpt":"December 8, 2023, and after giving effect to the effectiveness of the Amendment, the aggregate principal amount of term loans outstanding under the Term Loan Credit Agreement is $500,000,000. The foregoing description of the Amendment and the Term Loan Credit Agreement is qualified in its entirety by reference to the full text of the Amendment and the Term Loan","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1004980/000119312523291746/0001193125-23-291746-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"the aggregate principal amount of term loans outstanding under the Term Loan Credit Agreement is $500,000,000"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A., as administrative agent"},{"label":"Rate","value":"reduce the applicable margin from 300 basis points to 250 basis points"},{"label":"Maturity","value":"extend the maturity date of the term loans outstanding thereunder to June 23, 2027"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"f0b595471bf0db7e73408721567f2652e269dade","claim":"PG&E Corp amended Amendment No. 3 to Term Loan Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent valued at $500,000,000 (effective 2023-12-08).","evidence_excerpt":"PG&E Corporation (the “Company”), the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent (the “Administrative Agent”), entered into that certain Amendment No. 3 to Term Loan Credit Agreement","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1004980/000119312523291746/0001193125-23-291746-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A., as administrative agent"},{"label":"Value","value":"$500,000,000"},{"label":"Effective","value":"2023-12-08"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}