Correspondence 0001193125-24-180781 from PACIFIC GAS & ELECTRIC Co (CIK 0000075488)
PACIFIC GAS & ELECTRIC Co (CIK 0000075488)
Date: July 18, 2024 · CIK: 0000075488 · Accession: 0001193125-24-180781
AI Filing Summary & Sentiment
File numbers found in text: 333-278688
Letter
VIA EDGAR Securities and Exchange Commission Division of Corporate Finance Attention: Hodan Siad– Structured Finance PG&E Recovery Funding LLC Registration Statement on Form SF-1 File Nos. 333-278688 and 333-278688-01 Filed July 5, 2024
Re: Pacific Gas and Electric Company
Dear Ms. Siad:
In connection with the proposed offering of the securities under the above-captioned Registration Statement on Form SF-1 (the “Registration Statement”), we wish to advise you that we, as representatives of the underwriters, hereby join the request of Pacific Gas and Electric Company and PG&E Recovery Funding LLC that the effective date of the Registration Statement be accelerated so that the same will become effective at 9:00 a.m. Eastern Time on July 22, 2024, or as soon as practicable thereafter.
The following is supplemental information supplied under Rule 418(a)(7) and Rule 460 under the Securities Act of 1933:
(i) Date of Preliminary Prospectus: July 5, 2024
(ii) Anticipated dates of distribution: July 18, 2024 – July 31, 2024
(iii) Number of preliminary prospectuses expected to be distributed to prospective underwriters, institutional investors, dealers and others: approximately 1500
(iv) We have complied and will comply, and have been informed by the participating underwriters that they have complied and will comply with the requirements of Rule 15c2-8 under the Securities Exchange Act of 1934, as amended.
Pursuant to Rule 460 of the Securities Act of 1933, please be advised that there will be distributed to each underwriter who is reasonably anticipated to participate in the distribution of the securities as many copies of the Preliminary Prospectus as appears to be reasonable to secure adequate distribution of the Preliminary Prospectus.
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Very truly yours,
Goldman Sachs & Co. LLC
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CORRESP 1 filename1.htm CORRESP July 18, 2024 VIA EDGAR Securities and Exchange Commission Division of Corporate Finance 100 F Street, N.E. Washington, D.C. 20549 Attention: Hodan Siad– Structured Finance Re: Pacific Gas and Electric Company PG&E Recovery Funding LLC Registration Statement on Form SF-1 File Nos. 333-278688 and 333-278688-01 Filed July 5, 2024 Dear Ms. Siad: In connection with the proposed offering of the securities under the above-captioned Registration Statement on Form SF-1 (the “Registration Statement”), we wish to advise you that we, as representatives of the underwriters, hereby join the request of Pacific Gas and Electric Company and PG&E Recovery Funding LLC that the effective date of the Registration Statement be accelerated so that the same will become effective at 9:00 a.m. Eastern Time on July 22, 2024, or as soon as practicable thereafter. The following is supplemental information supplied under Rule 418(a)(7) and Rule 460 under the Securities Act of 1933: (i) Date of Preliminary Prospectus: July 5, 2024 (ii) Anticipated dates of distribution: July 18, 2024 – July 31, 2024 (iii) Number of preliminary prospectuses expected to be distributed to prospective underwriters, institutional investors, dealers and others: approximately 1500 (iv) We have complied and will comply, and have been informed by the participating underwriters that they have complied and will comply with the requirements of Rule 15c2-8 under the Securities Exchange Act of 1934, as amended. Pursuant to Rule 460 of the Securities Act of 1933, please be advised that there will be distributed to each underwriter who is reasonably anticipated to participate in the distribution of the securities as many copies of the Preliminary Prospectus as appears to be reasonable to secure adequate distribution of the Preliminary Prospectus. Remainder of the page intentionally left blank Very truly yours, Goldman Sachs & Co. LLC Citigroup Global Markets Inc. J.P. Morgan Securities LLC GOLDMAN SACHS & CO. LLC By: /s/ Katrina T. Niehaus Name: Katrina T. Niehaus Title: Managing Director CITIGROUP GLOBAL MARKETS INC. By: /s/ Steffen Lunde Name: Steffen Lunde Title: Director J.P. MORGAN SECURITIES LLC By: /s/ Marquis Gilmore Name: Marquis Gilmore Title: Managing Director On behalf of each of the Underwriters Signature Page to Underwriters’ Acceleration Request