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.

PG&E has successfully secured a $500 million term loan agreement with Wells Fargo and other lenders, marking a significant step in its financial strategy. This funding will help the utility company manage its operations and invest in infrastructure improvements, which is crucial for maintaining reliable service for its customers. The agreement reflects confidence from lenders in PG&E's recovery efforts and future prospects.