{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-215416","form_type":"8-K","ticker":"PCG","cik":"0001004980","company_name":"PG&E Corp","filed_at":"2025-09-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.111898+00:00","generated_at":"2026-05-17T05:44:49.006332+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"PG&E Utility enters $500M term loan, borrowed Sep 24, matures Sep 2026","bullets":["$500M term loan fully drawn on 9/24/2025, maturing 9/23/2026.","Interest at Term SOFR +1.25% or base rate +0.25%.","Secured by first mortgage bond under Thirtieth Supplemental Indenture.","Covenant: total consolidated debt to capitalization ratio ≤ 65%.","Proceeds used for general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-215416","json":"https://secwatch.observer/filing/0001193125-25-215416.json","markdown":"https://secwatch.observer/filing/0001193125-25-215416.md","text":"https://secwatch.observer/filing/0001193125-25-215416.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1004980/000119312525215416/0001193125-25-215416-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/75488/000119312525215416/d38565d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T05:44:49.006332+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":"c5fd529c1906505d5a7caaf479e3e4773a9463c9","claim":"PG&E Corp incurred term loan of $500,000,000 with Wells Fargo Bank, National Association, as administrative agent at Term SOFR plus an applicable margin of 1.25%, or the alternative base rate plus maturing September 23, 2026.","evidence_excerpt":"On September 24, 2025, Pacific Gas and Electric Company (the \" Utility \"), the several lenders and other financial institutions or entities party thereto from time to time and Wells Fargo Bank, National Association, as administrative agent (the \" Administrative Agent \"), entered into a $500,000,000 Term Loan Credit Agreement (the \" Credit Agreement \").","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1004980/000119312525215416/0001193125-25-215416-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$500,000,000"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association, as administrative agent"},{"label":"Rate","value":"Term SOFR plus an applicable margin of 1.25%, or the alternative base rate plus"},{"label":"Maturity","value":"September 23, 2026"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}