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PCG PR A - Pacific Gas And Electric Co News Story

$29.83 -0.5  -1.5%

Sector
Utilities
Size
Large Cap
Market Cap £5.73bn
Enterprise Value £31.70bn
Revenue £13.51bn
Position in Universe th / 6855

BRIEF-PG&E - As Of Oct 30, Debtors Received Consents From Majority Holders Of Backstop Commitments To Amend Backstop Commitment Letters

Thu 31st October, 2019 10:24am
Oct 31 (Reuters) - PG&E Corp  PCG.N :
    * PG&E - AS OF OCT 30, DEBTORS RECEIVED CONSENTS FROM
MAJORITY
HOLDERS OF BACKSTOP COMMITMENTS TO AMEND BACKSTOP COMMITMENT
LETTERS
    * PG&E - AMENDED BACKSTOP COMMITMENT LETTERS EXTEND RSA
APPROVAL
DEADLINE FROM OCT 31 TO NOV 20
    * PG&E CORP - BANKRUPTCY COURT IS EXPECTED TO HOLD A HEARING
ON
NOVEMBER 13, 2019 TO DETERMINE WHETHER IT WILL APPROVE RSA.

Source text for Eikon: https://bit.ly/2JDABdf
Further company coverage:  PCG.N 

 ((Briefs@thomsonreuters.com;))
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