Issuer:
|
Pacific Gas and Electric Company | |
Security:
|
5.80% Senior Notes due March 1, 2037 | |
Size:
|
$700,000,000 | |
Maturity Date:
|
March 1, 2037 | |
Coupon:
|
5.80% | |
Interest Payment Dates:
|
March 1 and September 1, commencing September 1, 2007 | |
Price to Public:
|
99.454% | |
Benchmark Treasury:
|
4.50% due February 15, 2036 | |
Benchmark Treasury Yield:
|
4.679% | |
Spread to Benchmark Treasury:
|
116 basis points | |
Yield:
|
5.839% | |
Optional Redemption:
|
Make-Whole Call at Treasuries plus 25 basis points | |
Expected Settlement Date:
|
March 13, 2007 | |
CUSIP:
|
694308 GJ0 | |
Anticipated Ratings:
|
Baa1 by Moodys Investors Service, Inc. | |
BBB by Standard & Poors Ratings Services | ||
Joint Book-Running Managers:
|
Barclays Capital Inc. | |
Citigroup Global Markets Inc. | ||
Deutsche Bank Securities Inc. | ||
Co-Managers:
|
ABN AMRO Incorporated | |
BNY Capital Markets, Inc. | ||
Loop Capital Markets, LLC | ||
The Williams Capital Group, L.P. |