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CM - PG&E pushes over $16B of securities in pre-emergence sales - June 2020



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PG&E Corp. announced concurrent public offerings of common stock and equity units, seeking to raise $4 billion and $1.23 billion of gross proceeds, respectively. The proceeds will help fund its expected emergence from Chapter 11 at the start of July, as will the proceeds from the dizzying array of debt that it has sold since the middle of June. The common stock and equity units are being offered separately. PG&E seeks to sell up......
 
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