secwatch.observer — SEC 8-K summary
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Issuer:     PG&E Corp (PCG)
CIK:        0001004980
Form:       8-K
Filed at:   2024-09-05T23:59:59+00:00
Accession:  0001193125-24-214249
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PG&E subsidiary issues $1.75B in first mortgage bonds across two tranches
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- $1.0B Floating Rate First Mortgage Bonds due 2025 sold by Pacific Gas and Electric Company.
- $750M 5.900% First Mortgage Bonds due 2054 sold concurrently.
- Sale completed on September 5, 2024; underwriting syndicate led by Barclays, J.P. Morgan, MUFG, and Wells Fargo.
- Bonds are secured by first mortgage on utility property; proceeds for general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1004980/000119312524214249/0001193125-24-214249-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/75488/000119312524214249/d857844d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-214249

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