Deals 01/04/2023

Loop Capital Markets as co-manager on $1.5 billion First Mortgage Bond (FMB) offering for Pacific Gas and Electric Company

On January 4, 2023, Loop Capital Markets acted as a co-manager on a 2-tranche $1.5 billion FMB offering for Pacific Gas and Electric Company. The bonds are rated Baa3/BBB-/BBB- across 10- and 30-year tranches.

Use of proceeds are earmarked for general corporate purposes and repay borrowings outstanding under the revolving credit facility.