Deals 07/13/2022

Loop Capital Markets as co-manager on $3.3 billion senior secured notes offering for PG&E Wildlife Recovery Funding

On July 13, 2022, Loop Capital Markets acted as a co-manager on a 5-tranche $3.3 billion senior secured notes offering for PG&E Wildlife Recovery Funding. The bonds are rated AAA across 11-, 18-, 21-, 28-, and 32-year tranches.

Use of proceeds are earmarked for recovering and refinancing costs and expenses related to catastrophic wildfires, including wildfire risk mitigation capital expenditures.