UPDATE 2-PG&E misses interest payment; bonds, shares dive
14 Jan UPDATE 2-PG&E misses interest payment; bonds, shares dive
Posted at 20:11h
in
News
by KMFSLLP
PG&E Corp bonds and
shares plummeted after the California power company failed to
make a $21.6 million interest payment due Tuesday on its 2040
senior notes, as it planned to seek Chapter 11 bankruptcy
protection.
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