KM Financial Solutions | UPDATE 1-PG&E misses interest payment on 2040 notes; bonds, shares plummet
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UPDATE 1-PG&E misses interest payment on 2040 notes; bonds, shares plummet

UPDATE 1-PG&E misses interest payment on 2040 notes; bonds, shares plummet

The price of bonds and shares
in PG&E Corp plummeted after the California power
company failed to make a $21.6 million interest payment due
Tuesday on its 2040 senior notes.

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