PG&E Creditors Propose $35 Billion Exit Plan: Bloomberg

www.oann.com | 11/21/2018 | Staff
ashb0101 (Posted by) Level 3
(Reuters) – Creditors of PG&E Corp, including Elliott Management Corp and Pacific Investment Management Co (Pimco), are proposing a $35 billion plan for the California power utility to emerge from bankruptcy within a year, Bloomberg reported late on Wednesday.

Pimco, Elliott and David Kempner Capital Management have discussed the proposal with California lawmakers and...
(Excerpt) Read more at: www.oann.com
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