---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-228354"
form_type: "8-K"
ticker: "PCG"
cik: "0001004980"
company_name: "PG&E Corp"
filed_at: "2025-10-02T23:59:59+00:00"
generated_at: "2026-05-17T04:53:05.060454+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PG&E Utility issues $2B in First Mortgage Bonds: 5.000% 2028, 5.050% 2032, 6.100% 2055

## Summary
- Issued $400M 5.000% First Mortgage Bonds due 2028, $850M 5.050% due 2032, $750M 6.100% due 2055.
- Closing occurred on October 2, 2025; total proceeds intended for general corporate purposes.
- 2028 Bonds are a reopening of series issued June 4, 2025; outstanding now $800M.
- Underwriting syndicate led by Barclays, BNP Paribas, MUFG, and RBC Capital Markets.
- Debt is secured by first mortgage lien on Pacific Gas and Electric Company property.

## SEC filing metadata
- accession: 0001193125-25-228354
- form_type: 8-K
- ticker: PCG
- cik: 0001004980
- company_name: PG&E Corp
- filed_at: 2025-10-02T23:59:59+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/1004980/000119312525228354/0001193125-25-228354-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/75488/000119312525228354/d13665d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-228354
- JSON: https://secwatch.observer/filing/0001193125-25-228354.json
- Plain text: https://secwatch.observer/filing/0001193125-25-228354.txt

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