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PG&E completes sale-leaseback. (Strictly Business).

Publication: Mississippi Business Journal
Publication Date: 27-MAY-02
Format: Online - approximately 141 words
Delivery: Immediate Online Access
Full Article Title: PG&E completes sale-leaseback. (Strictly Business).(Brief Article)

Article Excerpt
ATTALA COUNTY -- PG&E National Energy Group, a unit of PG&E Corporation (NYSE: PCG), has completed a $340-million sale-leaseback for the Attala Generating Plant.

CIT Group Inc.'s structured finance group and another equity lessor provided the lease equity for the transaction. Lease debt financing was provided by institutional investors....

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