S&P cuts rating on PG&E unit in third such cut this month

January 17, 2019 admin Business News Comments Off on S&P cuts rating on PG&E unit in third such cut this month

S&P cut its rating on PG&E Corp’s Pacific Gas & Electric Co unit on Wednesday, making it the third such cut this month, after the unit missed interest payments on its 2040 senior notes.

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Source:: Reuters – Business News