Form 8-K PACIFIC GAS & ELECTRIC For: Nov 09 Filed by: PG&E Corp

Go back to Form 8-K PACIFIC GAS & ELECTRIC For: Nov 09 Filed by: PG&E Corp

PG&E Corp. (PCG) Halted on Circuit Breaker

November 14, 2018 11:51 AM EST

PG&E Corp. (NYSE: PCG) Halted on Circuit Breaker

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PG&E Corp. (PCG) Plunges Another 17% Following Paradise Lawsuit, Liability Disclosure, Drawing Down $3 Billion in Revolving Credit

November 14, 2018 8:10 AM EST

(Updated - November 14, 2018 8:56 AM EST)

(Updated - November 14, 2018 8:21 AM EST)

PG&E Corp. (NYSE: PCG) shares plunged 17% premarket as wildfires in California continue to cause concerns about liability.

Yesterday the company was sued by residents of Paradise over damaged caused by the... More

PG&E Corp. (PCG) Discloses Potential Significant Liability Related to Camp Fire

November 13, 2018 5:25 PM EST

PG&E Corp. (NYSE: PCG) disclosed in an SEC filing:

Item 2.03. Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Registrant.

As of November 13, 2018, Pacific Gas and Electric Company (Utility), a subsidiary of PG&E Corporation, and PG&E Corporation have aggregate borrowings outstanding under their respective revolving credit facilities of $3.0 billion and $300 million, respectively. The Utilitys aggregate borrowings under its revolving credit facility includes $2.85 billion of revolving credit loans, approximately $105 million of letters of credit outstanding, and $10 million of commercial paper. No additional... More