PG&E Completes $1.7 Billion Sale of Mortgage Bonds Due 2032 and 2036
On August 4, 2026, Pacific Gas and Electric Company completed the sale of $1.7 billion in first mortgage bonds, under an underwriting agreement dated July 27, 2026. The filing is a debt financing disclosure and does not report earnings, guidance, or changes to operations.
Key points
- 2032 Bonds: $700 million aggregate principal, 5.250% coupon, due 2032
- 2036 Bonds: $1 billion aggregate principal, 5.850% coupon, due 2036
- Sale completed August 4, 2026; underwriters include Barclays Capital, BMO Capital Markets, J.P. Morgan and SMBC Nikko
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.