PG&E Corp secures $500 million term loan with one-year maturity
PositiveFinancial Markets

PG&E Corp has successfully secured a $500 million term loan with a one-year maturity, which is a significant boost for the company as it navigates its financial landscape. This loan will provide the necessary capital to support ongoing operations and investments, reflecting confidence from lenders in PG&E's recovery and future prospects. Such financial maneuvers are crucial for the company, especially in the context of its recent challenges and efforts to stabilize its business.
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