Company: PCG-PB
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001004980-25-000010
Chunk: 179

Company: PG&E Corp
Filing Date: 2025-02-13
Form: 10-K
Item: Item 8
Chunk 179
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Less: current portion, net of unamortized discount and debt issuance costs(1,924)(800)Unamortized discount, premium and debt issuance costs, net(226)(246)Total Utility First Mortgage Bonds36,927 35,831 Recovery Bonds (1)10,367 9,124          Less: current portion(222)(176)DWR Loan (2)886 98 Credit Facilities Receivables Securitization Program 6.75%— 1,499 2-Year Term Loan 6.60%— 400 Less: current portion— (400)Total Utility Long-Term Debt47,958 46,376 Total PG&E Corporation Consolidated Long-Term Debt$53,569 $50,975 (1) The amount includes bonds related to AB 1054 and SB 901 securitization transactions.  For AB 1054 interest rates, see the 2021 Form 10-K, the 2022 Form 10-K, and “AB 1054 Securitization” above.  For SB 901 interest rates, see the 2022 Form 10-K.(2)  The Utility is not required to pay interest on the DWR loan, see Note 2 - Government Assistance.

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Contractual Repayment Schedule PG&E Corporation’s and the Utility’s combined stated long-term debt principal repayment amounts at December 31, 2024 are reflected in the table below:       (in millions, except interest rates)20252026202720282029ThereafterTotalPG&E CorporationAverage fixed interest rate— %— %4.25 %5.00 %— %6.53 %5.39 %Fixed rate obligations$— $— $2,150 $1,000 $— $2,500 $5,650 Utility (1)Average fixed interest rate3.82 %3.10 %3.22 %3.58 %5.52 %4.72 %4.44 %Fixed rate obligations$1,925 $2,551 $3,000 $1,975 $2,100 $27,526 $39,077 Recovery Bonds (2)AB 1054 obligations$88 $81 $84 $88 $91 $2,728 $