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PCG - McDermott California Resources take bondholders on wild ride
Pacific Gas & Electric Co.
A sharp rally in the bonds of three distressed energy companies - McDermott International (MDR+28.5%), California Resources Corp. (CRC+13.3%) and PG&E (PCG-5.7%) - dominates today's trading in the corporate bond market, WSJ reports.
More news on: McDermott International, Inc., California Resources Corporation, PG&E Corporation, Energy stocks news,