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California Regulators Said to Signal No Bankruptcy Interest in PG&E
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California Regulators Said to Signal No Bankruptcy Interest in PG&E
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Bank of AmericaCalifornia
News : World

California regulators said to signal no bankruptcy interest in PG&E

By Bloomberg
17 Nov 2018   |   9:05 pm   |   2m 27s
California utility company PG&E soared in late trading after Bank of America said fees about the company's link to wildfires are overdone and default worries are overstated. Moody's though, has cut PG&E to BAA3 and says the stock may be downgraded to junk.


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