PG&E prices cash tender offers for up to USD 1.2 billion of 2027 notes, bonds

• Pacific Gas and Electric set pricing for cash tender offers capped at USD 1.2 billion to buy back 3.30% Senior Notes due 2027, 2.10% First Mortgage Bonds due 2027.
• Offer prices: USD 985.34 per USD 1,000 of 3.30% Senior Notes; USD 977.95 per USD 1,000 of 2.10% First Mortgage Bonds.
• Preliminary results point to full acceptance of the 3.30% Senior Notes; 2.10% First Mortgage Bonds expected to be prorated at 26.6%.
• Settlement expected Aug. 4, 2026 for bonds tendered by the July 31 expiration; payments include accrued interest.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pacific Gas and Electric Company published the original content used to generate this news brief on July 31, 2026, and is solely responsible for the information contained therein.