UPDATE 2-PG&E bondholders propose bankruptcy reorganization plan worth up to $30 bln
A committee of
bondholders of PG&E Corp’s utility unit on Tuesday
proposed a bankruptcy reorganization plan that would inject up
to $30 billion, primarily equity, to help the California power
provider emerge from Chapter 11 and address its liability from
wildfires.
bondholders of PG&E Corp’s utility unit on Tuesday
proposed a bankruptcy reorganization plan that would inject up
to $30 billion, primarily equity, to help the California power
provider emerge from Chapter 11 and address its liability from
wildfires.
Posted by Reuters
