Prepping for Bankruptcy, PG&E Secures $5.5 Billion in “Debtor-in...

01/22/19

Prepping for Bankruptcy, PG&E Secures $5.5 Billion in “Debtor-in-Possession” Financing. What is “DIP” Financing?  WOLF STREET

Here's how a soon-to-be bankrupt company that'll default on all its debts can still borrow $5.5 billion. PG&E, the largest gas and electric utility in California, ...

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