-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, LeMFQNWcBstt5N78617EYVJJWY8g/SvrlJo4gYmnY/0PFiWrWia/sci41wM+L0ey f0ZpTqEyuX15TSpkpcSBbQ== 0000950134-08-020468.txt : 20081113 0000950134-08-020468.hdr.sgml : 20081113 20081113164442 ACCESSION NUMBER: 0000950134-08-020468 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20081113 DATE AS OF CHANGE: 20081113 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PACIFIC GAS & ELECTRIC CO CENTRAL INDEX KEY: 0000075488 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 940742640 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-149361 FILM NUMBER: 081185509 BUSINESS ADDRESS: STREET 1: 77 BEALE ST STREET 2: P O BOX 770000 CITY: SAN FRANCISCO STATE: CA ZIP: 94177 BUSINESS PHONE: 4152677000 MAIL ADDRESS: STREET 1: 77 BEALE STREET STREET 2: P O BOX 770000 CITY: SAN FRANCISCO STATE: CA ZIP: 94177 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PACIFIC GAS & ELECTRIC CO CENTRAL INDEX KEY: 0000075488 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 940742640 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 77 BEALE ST STREET 2: P O BOX 770000 CITY: SAN FRANCISCO STATE: CA ZIP: 94177 BUSINESS PHONE: 4152677000 MAIL ADDRESS: STREET 1: 77 BEALE STREET STREET 2: P O BOX 770000 CITY: SAN FRANCISCO STATE: CA ZIP: 94177 FWP 1 f50475afwp.htm FREE WRITING PROSPECTUS fwp
Filed Pursuant to Rule 433
Registration No. 333-149361
November 13, 2008
PRICING TERM SHEET
6.25% Senior Notes due December 1, 2013
     
Issuer:
   Pacific Gas and Electric Company
Security:
   6.25% Senior Notes due December 1, 2013 
Size:
   $400,000,000 
Maturity Date:
   December 1, 2013
Coupon:
   6.25% 
Interest Payment Dates:
   June 1 and December 1, commencing June 1, 2009
Price to Public:
   99.258%
Benchmark Treasury:
   2.75% due October 31, 2013
Benchmark Treasury Yield:
   2.324% 
Spread to Benchmark Treasury:
   +410 basis points
Yield:
   6.424% 
Optional Redemption:
   Make-Whole Call at Treasuries plus 50 basis points
Expected Settlement Date:
   November 18, 2008
CUSIP:
   694308GP6
Anticipated Ratings:
   A3 by Moody’s Investors Service, Inc.
 
   BBB+ by Standard & Poor’s Ratings Services
 
    
Joint Book-Running Managers:
   J.P. Morgan Securities Inc.
 
   Morgan Stanley & Co. Incorporated
 
   Greenwich Capital Markets, Inc.
 
    
Co-Managers:
   Wells Fargo Securities, LLC
 
   Loop Capital Markets, LLC
 
   The Williams Capital Group, L.P.
Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering.
You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling J.P. Morgan Securities Inc. collect at 212-834-4533; Morgan Stanley & Co. Incorporated toll free at 1-866-718-1649; or Greenwich Capital Markets, Inc. at 866-884-2071.

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