Berkshire Hathaway Inc. $750 Million Senior Unsecured Notes Rated 'AA' - S&P Global Ratings’ Credit Research

Berkshire Hathaway Inc. $750 Million Senior Unsecured Notes Rated 'AA'

Berkshire Hathaway Inc. $750 Million Senior Unsecured Notes Rated 'AA' - S&P Global Ratings’ Credit Research
Berkshire Hathaway Inc. $750 Million Senior Unsecured Notes Rated 'AA'
Published Aug 07, 2014
Published Aug 07, 2014
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (Standard&Poor's) Aug. 7, 2014--Standard&Poor's Ratings Services said today that it has assigned its 'AA' issue-level debt rating to Berkshire Hathaway Inc.'s (BRK) new $750 million senior unsecured notes. BRK will use the net proceeds of this issuance for repayment of $750 million of floating-rate senior unsecured notes maturing on Aug. 15, 2014. BRK's adjusted financial leverage and fixed-charge coverage (excluding the separately rated subsidiaries Berkshire Hathaway Energy Co. [formerly MidAmerican Energy Holdings Co.] and Burlington Northern Santa Fe LLC, as well as the borrowings used to fund the finance operations of Vanderbilt Mortgage&Finance Inc. that are treated as operating leverage) are conservative. BRK's adjusted financial leverage was 9% and EBITDA fixed-charge coverage

  
Report Type:

Ratings Action

Ticker
BRK/A
Issuer
GICS
Multi-Sector Holdings (40201030)
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
Format:
HTML HTML
Buy Now

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Berkshire Hathaway Inc. $750 Million Senior Unsecured Notes Rated 'AA'" Aug 07, 2014. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Berkshire-Hathaway-Inc-750-Million-Senior-Unsecured-Notes-Rated-AA-1351933>
  
APA:
S&P Global Ratings’ Credit Research. (). Berkshire Hathaway Inc. $750 Million Senior Unsecured Notes Rated 'AA' Aug 07, 2014. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Berkshire-Hathaway-Inc-750-Million-Senior-Unsecured-Notes-Rated-AA-1351933>
  
US$ 150.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Residential Mortgage-Backed Securities from one place.