PG&E accepts USD 1.22 billion in cash tenders for 2027 notes, mortgage bonds
PCG•Tenders accepted for two 2027 issues
Valid tenders totaled USD 1.07 billion of 3.30% Senior Notes due Dec. 1, 2027, priced at USD 985.34 per USD 1,000.
Valid tenders totaled USD 841.25 million of 2.10% First Mortgage Bonds due Aug. 1, 2027, priced at USD 977.95 per USD 1,000.
The 2.10% First Mortgage Bonds face an 18.2% proration factor; total bonds accepted for payment were set at USD 1.22 billion.
PG&E completes cash tender offer results
PG&E announced results of cash tender offers capped at an aggregate purchase price of USD 1.2 billion for two 2027 bond issues.
