PG&E bondholders propose competing bankruptcy plan
A committee of bondholders of PG&E
Corp’s utility unit on Tuesday proposed filing a
bankruptcy reorganization plan that would inject up to $30
billion, primarily equity, to help the California utility emerge
from Chapter 11 and address liability from wildfires.
Corp’s utility unit on Tuesday proposed filing a
bankruptcy reorganization plan that would inject up to $30
billion, primarily equity, to help the California utility emerge
from Chapter 11 and address liability from wildfires.
Posted by Reuters
