secwatch.observer — SEC 8-K summary
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Issuer:     PG&E Corp (PCG)
CIK:        0001004980
Form:       8-K
Filed at:   2025-10-02T23:59:59+00:00
Accession:  0001193125-25-228354
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1004980/000119312525228354/0001193125-25-228354-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/75488/000119312525228354/d13665d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-228354

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