C.L. King Co-Manages $1.25B Pacific Gas & Electric Bond Offering

C.L. King acted as Co-Manager for Pacific Gas & Electric Company in its $1.25B 2-part debt offering consisting of $400M 5.0% 3yr FXD First Mortgage Bonds due 06/04/28 and $850M 6.0% 10yr FXD First Mortgage Bonds due 08/15/35. Pacific Gas & Electric is a wholly owned subsidiary of PG&E Corporation (NYSE: PCG). These issues were rated Baa1/BBB/BBB.