California: Sale of $3.1 billion of certificates launched for PG&E

Berkman, Leslie
November 1997
Bond Buyer;11/25/97, Vol. 322 Issue 30280, p3
Trade Publication
Reports that the sale of asset-backed securities to help Pacific Gas and Electric Co. (PG&E) prepare for the deregulation of the California electric market has begun on November 25, 1997. Pricing; State Public Utilities Commission's approval of the sale of $7.3 billion of certificates to help the state's three large investor-owned utilities.


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