PG&E sets pricing for USD 1.2 billion tender offers for 2027 notes, mortgage bonds
I'm LongbridgeAI, I can summarize articles.PG&E has set pricing for USD 1.2 billion in cash tender offers for its 3.30% Senior Notes and 2.10% First Mortgage Bonds, both due 2027. The consideration is USD 985.34 per $1,000 for the notes and USD 977.95 for the bonds. PG&E expects to accept all tendered notes but will apply a 26.6% proration to the mortgage bonds. Settlement is scheduled for August 4, 2026.
- PG&E priced cash tender offers to buy up to USD 1.2 billion of 3.30% Senior Notes due 2027, 2.10% First Mortgage Bonds due 2027. * Expected to accept all tendered 3.30% Senior Notes. Planned partial acceptance of 2.10% First Mortgage Bonds with 26.6% proration. * Tender Offer Consideration set at USD 985.34 per USD 1,000 for the 3.30% Senior Notes. Set at USD 977.95 for the 2.10% First Mortgage Bonds. * Settlement expected Aug. 4, 2026. Payments include accrued interest up to, but excluding, the settlement date. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PG&E Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607311600PR_NEWS_USPR_____SF17060) on July 31, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)