Exclusive: PG&E in talks with banks on multibillion bankruptcy financing – sources

Exclusive: PG&E in talks with banks on multibillion bankruptcy financing – sources
California utility owner PG&E Corp is in discussions with investment banks about a multibillion-dollar financing package to help navigate bankruptcy proceedings, a sign the company’s Chapter 11 filing preparations are intensifying in the wake of potentially staggering liabilities from wildfires, people familiar with the matter said on Sunday.

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