PG&E plans $5.75 billion equity raise to fund bankruptcy exit

California-based power provider PG&E Corp said on Monday it plans to raise $5.75 billion from public offerings as it tries to emerge from Chapter 11 bankruptcy by the end of this month. [Source]

Origin: reuters.com

Category: businessNews

Topics: bankruptcy, raise, billion, plans, month, Chapter, emerge, tries, offerings, public, provider, power, California-based, equity

Source: http://feeds.reuters.com/~r/reuters/businessNews/~3/siLj5OMyMHk/pge-plans-5-75-billion-equity-raise-to-fund-bankruptcy-exit-idUSKBN23F174