PG&E Corp amends revolving credit agreement, extends maturity to June 2029
PG&E Corporation PCG | 0.00 | |
Jpmorgan Chase JPM | 0.00 |
- PG&E entered Amendment No. 6 to its revolving credit agreement with JPMorgan Chase Bank, extending maturity to June 22, 2029.
- Amendment revised the interest-rate pricing grid, revised the commitment-fee grid, and added collateral release terms.
- Collateral lien releases if it holds senior unsecured investment-grade ratings from at least two agencies, no default exists, secured debt stays below USD 250 million.
- Lien reinstates automatically if investment-grade status drops below two agencies or secured borrowings rise above USD 250 million.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PG&E Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-279461), on June 23, 2026, and is solely responsible for the information contained therein.
