PG&E Corporation Announces Pricing of Concurrent Offerings of Common Stock and Mandatory Convertible Preferred Stock
OAKLAND, Calif., Dec. 2, 2024 /PRNewswire/ -- PG&E Corporation (NYSE:PCG) ("PG&E" or the "Company") announced today the pricing of its previously announced concurrent underwritten public offerings of (i) 48,661,800 shares of common stock, no par value ("Common Stock"), of the Company at a public offering price of $20.55 per share of Common Stock (the "Common Stock Offering") and (ii) 28,000,000 shares of newly issued Series A Mandatory Convertible Preferred Stock ("Preferred Stock") of the Company at a public offering price of $50.00 per share of Preferred Stock (the "Preferred Stock Offering" and, together with the Common Stock Offering, the "Offerings"). PG&E has granted the underwriters i
