How will collateral threshold for a Seller with a BBB rating from S&P be evaluated? How about an A rating?
PG&E evaluates counterparties based on a variety of factors, including but not limited to the industry risk, industry outlook & volatility, concentration risk, credit rating, financial condition and liquidity position. Then, in consideration of such factors, and in view of the terms and the nature of the anticipated business, we would establish collateral thresholds.
