Power Payday Gets A Double-Charge

O'Leary, Christopher
January 2004
Investment Dealers' Digest;1/12/2004, Vol. 70 Issue 2, p7
Trade Publication
Reports that Pacific Gas and Electric Co.'s emergence from bankruptcy is providing an ever-increasing payday for the two banks, UBS AG and Lehman Brothers Inc., underwriting a massive debt refinancing in the U.S. Plan of UBS and Lehman Brothers to split an enormous pot of advisory fees from the utility company; Pacific's restructuring plan; Effect of California power crisis at the start of the decade.


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