PG&E Jumps After Bloomberg Says $11 Billion Debt Deal Coming To End Bankruptcy
June 05, 2020 at 15:53 PM EDT
PG&E is readying an $11 billion debt-financing package that could come as soon as next week, as the company prepares to exit bankruptcy, Bloomberg reports. This includes $4 billion of high-yield bonds and a $750 million loan led by JPMorgan Chase.
