The company said the Utility entered into an Underwriting Agreement on February 24, 2025 to issue and sell $1,000,000,000 aggregate principal amount of 5.700% First Mortgage Bonds due 2035.

1. 01

   The company said the Utility entered into an Underwriting Agreement on February 24, 2025 to issue and sell $1,000,000,000 aggregate principal amount of 5.700% First Mortgage Bonds due 2035.

2. 02

   Under the same Underwriting Agreement, the company said it also agreed to issue and sell $750,000,000 aggregate principal amount of 6.150% First Mortgage Bonds due 2055.

3. 03

   PG&E said it entered into the Underwriting Agreement on February 24, 2025 and completed the sale of the Mortgage Bonds, consisting of the 2035 Bonds and the 2055 Bonds, on February 26, 2025.

4. 04

   The company said the Underwriting Agreement was entered into with Mizuho Securities USA LLC, MUFG Securities Americas Inc., SMBC Nikko Securities America, Inc. and Wells Fargo Securities, LLC, and that the trustee under the Twenty-Eighth Supplemental Indenture, dated February 26, 2025, is The Bank of New York Mellon Trust Company, N.A.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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