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Exclusive: PG&E talking to banks on multibillion dollar bankruptcy financing - sources

PostMessage posted...: Tue Jan 15, 2019 8:13 am
by smix
Exclusive: PG&E talking to banks on multibillion dollar bankruptcy financing - sources
Reuters

URL: https://www.reuters.com/article/us-pg-e ... SKCN1P70PY
Category: businessNews
Published: Sun, 13 Jan 2019 18:01:02 -0500

Description: PG&E Corp is in discussions with investment banks about a multibillion-dollar financing package to help navigate bankruptcy proceedings, a sign that Chapter 11 filing preparations are intensifying in the wake of potentially staggering liabilities from deadly wildfires, sources said on Sunday.