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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
FORM
8-K
 
 
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report: November 12, 2021
(Date of earliest event reported)
 
 
 
             
Commission
File Number
 
Exact Name of Registrant
as specified in its charter
 
State or Other Jurisdiction of
Incorporation or Organization
 
IRS Employer
Identification Number
1-12609
 
PG&E CORPORATION
 
California
 
94-3234914
1-2348
 
PACIFIC GAS AND ELECTRIC COMPANY
 
California
 
94-0742640
333-256944-01
 
PG&E RECOVERY FUNDING LLC
 
Delaware
 
87-1047820
 
         
LOGO   LOGO  
PG&E RECOVERY FUNDING LLC
     
77 Beale Street
P.O. Box 770000
San Francisco, California 94177
 
77 Beale Street
P.O. Box 770000
San Francisco, California 94177
 
C/O Pacific Gas and Electric Company
77 Beale Street
P.O. Box 770000
San Francisco, California 94177
(Address of principal executive offices) (Zip Code)
 
(Address of principal executive offices) (Zip Code)
 
(Address of principal executive offices) (Zip Code)
     
(415)
973-1000
 
(415)
973-1000
 
(415)
973-7000
(Registrant’s telephone number, including area code)
 
(Registrant’s telephone number, including area code)
 
(Registrant’s telephone number, including area code)
 
 
Check the appropriate box below if the Form
8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
  ☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
  ☐
Soliciting Material pursuant to Rule
14a-12
under the Exchange Act (17 CFR
240.14a-12)
 
  ☐
Pre-commencement
communications pursuant to Rule
14d-2(b)
under the Exchange Act (17 CFR
240.14d-2(b))
 
  ☐
Pre-commencement communications pursuant to Rule
13e-4(c)
under the Exchange Act (17 CFR
240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
 
         
Title of each class
 
Trading
Symbol(s)
 
Name of each exchange
on which registered
Common stock, no par value
 
PCG
 
The New York Stock Exchange
Equity Units
 
PCGU
 
The New York Stock Exchange
First preferred stock, cumulative, par value $25 per share, 5% series A redeemable
 
PCG-PE
 
NYSE American LLC
First preferred stock, cumulative, par value $25 per share, 5% redeemable
 
PCG-PD
 
NYSE American LLC
First preferred stock, cumulative, par value $25 per share, 4.80% redeemable
 
PCG-PG
 
NYSE American LLC
First preferred stock, cumulative, par value $25 per share, 4.50% redeemable
 
PCG-PH
 
NYSE American LLC
First preferred stock, cumulative, par value $25 per share, 4.36% series A redeemable
 
PCG-PI
 
NYSE American LLC
First preferred stock, cumulative, par value $25 per share, 6% nonredeemable
 
PCG-PA
 
NYSE American LLC
First preferred stock, cumulative, par value $25 per share, 5.50% nonredeemable
 
PCG-PB
 
NYSE American LLC
First preferred stock, cumulative, par value $25 per share, 5% nonredeemable
 
PCG-PC
 
NYSE American LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule
12b-2
of the Securities Exchange Act of 1934
(§240.12b-2
of this chapter).
 
         
Emerging growth company
  
PG&E Corporation
   ☐
     
Emerging growth company
  
Pacific Gas and Electric Company
   ☐
     
Emerging growth company
  
PG&E Recovery Funding LLC
   ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
 
         
PG&E Corporation
  
☐
    
     
Pacific Gas and Electric Company
  
☐
    
     
PG&E Recovery Funding LLC
  
☐
    
 
 
 
 
Item 8.01.
Other Events
On November 12, 2021, PG&E Recovery Funding LLC (the “Issuing Entity”) issued $860,399,000 of Senior Secured Recovery Bonds, Series
2021-A
(the “Recovery Bonds”), pursuant to an Indenture and Series Supplement (together, the “Indenture”), each dated as of November 12, 2021. The Recovery Bonds were offered pursuant to the Prospectus dated November 4, 2021. In connection with this issuance of the Recovery Bonds, PG&E Corporation, Pacific Gas and Electric Company and the Issuing Entity are filing the exhibits listed in Item 9.01, which are annexed hereto as exhibits to this Current Report on Form
8-K.
 
Item 9.01.
Financial Statements and Exhibits
(d) Exhibits.
 
Exhibit
No.
  
Description
    4.1
  
    4.2
  
    5.1
  
    8.1
  
  10.1
  
  10.2
  
  10.3
  
  23.1
  
Consent of Hunton Andrews Kurth LLP (included as part of its opinions filed as Exhibit 5.1 and Exhibit 8.1)
  99.1
  
  104
  
Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned thereunto duly authorized.
 
 
 
PG&E CORPORATION
 
 
By:
 
/s/ Christopher A. Foster
 
 
 
Christopher A. Foster
Dated: November 12, 2021
 
 
 
Executive Vice President and Chief Financial Officer
 
 
PACIFIC GAS AND ELECTRIC COMPANY
 
 
By:
 
/s/ David S. Thomason
 
 
 
David S. Thomason
Dated: November 12, 2021
 
 
 
Vice President, Chief Financial Officer and Controller
 
 
PG&E RECOVERY FUNDING LLC
 
 
By:
 
/s/ Margaret K. Becker
 
 
 
Margaret K. Becker
Dated: November 12, 2021
 
 
 
President
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