PG&E Bankruptcy Exit 'on Track' Despite Virus, Knighthead's Wagner Says

The video discusses PG&E's restructuring progress, highlighting the company's efforts to secure financing through banks and bondholders, and the equity backstop from shareholders. It outlines the remaining steps for PG&E's exit from bankruptcy, including CPUC approval and victims' vote. The video also addresses financing deadlines and strategies, emphasizing the need to convert bridge financing into permanent solutions. Finally, it examines the utility sector's market conditions, noting a recovery and open financing markets for investment-grade bonds.

What is the significance of the victims' trust in relation to PG&E's restructuring?

How has the utility sector's market changed over the last few weeks according to the text?