UPDATE 1-PG&E nears deal with Pimco, Elliott on restructuring plan - Bloomberg
January 14, 2020 at 16:14 PM EST
Bankrupt California power producer PG&E Corp is nearing a deal with creditors that would entitle them to a mix of equity and new debt if they scrap their rival restructuring plan, Bloomberg reported https://bloom.bg/2Tqpfii on Tuesday, citing people familiar with the matter.
