Berkshire Hathaway Inc. Four Tranches Of Senior Unsecured Notes Rated 'AA+' - S&P Global Ratings’ Credit Research

Berkshire Hathaway Inc. Four Tranches Of Senior Unsecured Notes Rated 'AA+'

Berkshire Hathaway Inc. Four Tranches Of Senior Unsecured Notes Rated 'AA+' - S&P Global Ratings’ Credit Research
Berkshire Hathaway Inc. Four Tranches Of Senior Unsecured Notes Rated 'AA+'
Published Jan 31, 2013
1159 words — Published Jan 31, 2013
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (Standard&Poor's) Jan. 31, 2013--Standard&Poor's Ratings Services said today that it assigned its 'AA+' senior debt ratings to Berkshire Hathaway Inc.'s (BRK; AA+/Negative/A-1+) $2.6 billion senior unsecured notes. BRK will issue the notes in four tranches: $300 million 0.8% senior unsecured notes due Feb. 11, 2016; $800 million 1.55% senior unsecured notes due Feb. 9, 2018; $500 million 3.0% senior unsecured notes due Feb. 11, 2023; and $1.0 billion 4.5% senior unsecured notes due Feb. 11, 2043. BRK will use the net proceeds of this issuance to repay $2.6 billion of notes maturing on Feb. 11, 2013. BRK's adjusted debt leverage and interest coverage (excluding the separately rated subsidiaries MidAmerican Energy Holdings Co. and Burlington

  
Brief Excerpt:

RESEARCH Berkshire Hathaway Inc. Four Tranches Of Senior Unsecured Notes Rated '##+' Publication date: 31-Jan-2013 Primary Credit Analyst: John Iten, New York (1) 212-438-1000; john_iten@standardandpoors.com Secondary Contact: Pablo...

  
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. Four Tranches Of Senior Unsecured Notes Rated 'AA+'" Jan 31, 2013. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Berkshire-Hathaway-Inc-Four-Tranches-Of-Senior-Unsecured-Notes-Rated-AA-1070832>
  
APA:
S&P Global Ratings’ Credit Research. (). Berkshire Hathaway Inc. Four Tranches Of Senior Unsecured Notes Rated 'AA+' Jan 31, 2013. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Berkshire-Hathaway-Inc-Four-Tranches-Of-Senior-Unsecured-Notes-Rated-AA-1070832>
  
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.