PG&E says it has debt financing commitments of $34.35 billion for reorganization

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PG&E says it has debt financing commitments of $34.35 billion for reorganization
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California power provider PG&E Corp said in court papers on Friday it has receiv...

FILE PHOTO: PG&E crew work on power lines to repair damage caused by the Camp Fire in Paradise, California, U.S. November 21, 2018. REUTERS/Elijah Nouvelage/File Photo

PG&E in a filing in U.S. Bankruptcy Court in San Francisco said the commitments are from leading money center banks and have terms superior to those in a proposed reorganization plan that a group of noteholders want to file for the company.

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