---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-191548"
form_type: "8-K"
ticker: "PCG"
cik: "0001004980"
company_name: "PG&E Corp"
filed_at: "2024-08-01T23:59:59+00:00"
generated_at: "2026-05-31T13:35:17.808281+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PG&E Recovery Funding LLC issues $1.419B in Senior Secured Recovery Bonds backed by CPUC order

## Summary
- $1,419,285,000 Senior Secured Recovery Bonds Series 2024-A issued August 1, 2024 by PG&E Recovery Funding LLC.
- Bonds secured by recovery property under California Wildfire Financing Law and CPUC Financing Order dated Feb 16, 2024.
- Legal opinion from Hunton Andrews Kurth: bondholders likely to prevail in challenging any state law impairing bond rights under Contract and Takings Clauses.
- Issuance supports recovery of fire risk mitigation capital expenditures previously approved by CPUC.

## SEC filing metadata
- accession: 0001193125-24-191548
- form_type: 8-K
- ticker: PCG
- cik: 0001004980
- company_name: PG&E Corp
- filed_at: 2024-08-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1004980/000119312524191548/0001193125-24-191548-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/75488/000119312524191548/d878716d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-191548
- JSON: https://secwatch.observer/filing/0001193125-24-191548.json
- Plain text: https://secwatch.observer/filing/0001193125-24-191548.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.