Berkshire Hathaway Inc. 'AA' Ratings Affirmed, Removed From CreditWatch Negative; Outlook Stable - S&P Global Ratings’ Credit Research

Berkshire Hathaway Inc. 'AA' Ratings Affirmed, Removed From CreditWatch Negative; Outlook Stable

Berkshire Hathaway Inc. 'AA' Ratings Affirmed, Removed From CreditWatch Negative; Outlook Stable - S&P Global Ratings’ Credit Research
Berkshire Hathaway Inc. 'AA' Ratings Affirmed, Removed From CreditWatch Negative; Outlook Stable
Published Aug 22, 2017
4 pages (1465 words) — Published Aug 22, 2017
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

Berkshire Hathaway Energy Co., a subsidiary of BRK, announced that its agreement to acquire EFH and its interest in Oncor has been terminated by EFH. We are removing our ratings on BRK from CreditWatch Negative and affirming the rating. The stable outlook reflects our view that BRK's competitive position remains strong and its credit-protection measures remain in line with our modest financial risk profile assessment. NEW YORK (S&P Global Ratings) Aug. 22, 2017--S&P Global Ratings said today it affirmed its 'AA' long-term counterparty credit and senior unsecured debt ratings on Berkshire Hathaway Inc. (BRK). At the same time, we affirmed our ratings on intermediate holding companies and finance companies GEICO Corp., General Re Corp., and General Re Financial Products Corp.

  
Brief Excerpt:

...+ Berkshire Hathaway Energy Co., a subsidiary of BRK, announced that its agreement to acquire EFH and its interest in Oncor has been terminated by EFH. + We are removing our ratings on BRK from CreditWatch Negative and affirming the rating. + The stable outlook reflects our view that BRK's competitive position remains strong and its credit-protection measures remain in line with our modest financial risk profile assessment. NEW YORK (S&P Global Ratings) Aug. 22, 2017--S&P Global Ratings said today it affirmed its '##' long-term counterparty credit and senior unsecured debt ratings on Berkshire Hathaway Inc. (BRK). At the same time, we affirmed our ratings on intermediate holding companies and finance companies GEICO Corp., General Re Corp., and General Re Financial Products Corp. Concurrently, we removed all these ratings from CreditWatch with negative implications, where we initially placed them July 7, 2017. The outlook is stable. The CreditWatch removal follows BRK's announcement that...

  
Report Type:

Ratings Action

Ticker
BRK/A
Issuer
GICS
Multi-Sector Holdings (40201030)
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Berkshire Hathaway Inc. 'AA' Ratings Affirmed, Removed From CreditWatch Negative; Outlook Stable" Aug 22, 2017. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Berkshire-Hathaway-Inc-AA-Ratings-Affirmed-Removed-From-CreditWatch-Negative-Outlook-Stable-1904118>
  
APA:
S&P Global Ratings’ Credit Research. (). Berkshire Hathaway Inc. 'AA' Ratings Affirmed, Removed From CreditWatch Negative; Outlook Stable Aug 22, 2017. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Berkshire-Hathaway-Inc-AA-Ratings-Affirmed-Removed-From-CreditWatch-Negative-Outlook-Stable-1904118>
  
US$ 150.00
$  £  
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