Pacific Gas and Electric Company · Bankruptcy · 2019
4.65% Senior Notes due August 1, 2028
Pacific Gas and Electric Company · CUSIP 694308JA6. 8 verified questions on this obligation.
Verified outcome
Basis. All 7 checks pass on the record: the issuer is the Reference Entity, the instrument meets the Maximum Maturity, Specified Currency, Not Subordinated, Not Bearer and Transferable characteristics, and it is Not Contingent.
Source clauses
First Supplemental Indenture of 2018-08-06
- Counterparts
- The following additional terms are hereby established for purposes of this Supplemental
- The following additional terms are hereby established for purposes of this Supplemental
- None of the Company, the Trustee, any Paying Agent or any Bond Registrar will have any
- Term
- Term
- PACIFIC GAS AND ELECTRIC COMPANY
- Reverse of Senior Note
- PACIFIC GAS AND ELECTRIC COMPANY
- PACIFIC GAS AND ELECTRIC COMPANY
- Currency
- USD
- Final maturity
- 2028-08-01
- Seniority
- Senior
- Governing law
- Not recorded
- Form
- Registered
- Transferable
- Yes (no contractual transfer restriction)
- Coupon
- 4.65%
Questions and verified answers
- #1 Is the instrument a Deliverable Obligation for this credit event, on 7 checks: the issuer is the Reference Entity; the Maximum Maturity (30 years), Specified Currency, Not Subordinated, Not Bearer and Transferable characteristics; and Not Contingent?Eligible
First Supplemental Indenture of 2018-08-06
- Counterparts
- The following additional terms are hereby established for purposes of this Supplemental
- The following additional terms are hereby established for purposes of this Supplemental
- None of the Company, the Trustee, any Paying Agent or any Bond Registrar will have any
- Term
- Term
- PACIFIC GAS AND ELECTRIC COMPANY
- Reverse of Senior Note
- PACIFIC GAS AND ELECTRIC COMPANY
- PACIFIC GAS AND ELECTRIC COMPANY
- #2 Does the instrument meet the Maximum Maturity characteristic (30 years)?Yes
First Supplemental Indenture of 2018-08-06
- #3 Does the instrument meet the Specified Currency characteristic (USD, EUR, JPY, GBP, CHF, CAD)?Yes
First Supplemental Indenture of 2018-08-06
- #4 Does the instrument meet the Not Subordinated characteristic?Yes
- #5 Does the instrument meet the Not Bearer characteristic?Yes
First Supplemental Indenture of 2018-08-06
- #6 Is the instrument Not Contingent (principal not reducible for a reason other than payment)?YesNone: no clause making principal contingent was found.
- #7 Does the instrument meet the Transferable characteristic?YesNone: no clause restricting transfer was found.
- #8 Is the issuer of the instrument the Reference Entity?Yes
First Supplemental Indenture of 2018-08-06
Documents
Terms come from these documents. Fields the record omits show as not stated.
- DOC-1 PG&E Corporation / Pacific Gas and Electric Company 8-K filed 2019-01-29, Item 1.03 Bankruptcy (and Item 2.04), petition 2019-01-29excerpts
- DOC-2 First Supplemental Indenture dated August 6, 2018, $300,000,000 4.65% Senior Notes due August 1, 2028 (EX-4.2)excerpts
- DOC-3 Indenture dated August 6, 2018, Pacific Gas and Electric Company (base indenture, EX-4.1)excerpts
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