Berkshire Hathaway Inc. Proposed Notes Rated 'AA' - S&P Global Ratings’ Credit Research

Berkshire Hathaway Inc. Proposed Notes Rated 'AA'

Berkshire Hathaway Inc. Proposed Notes Rated 'AA' - S&P Global Ratings’ Credit Research
Berkshire Hathaway Inc. Proposed Notes Rated 'AA'
Published Mar 08, 2016
Published Mar 08, 2016
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Abstract:

NEW YORK (Standard&Poor's) March 8, 2016--Standard&Poor's Ratings Services said today that it has assigned its 'AA' senior unsecured debt ratings to Berkshire Hathaway Inc.'s (BRK) and Berkshire Hathaway Finance Corp.'s proposed notes issuances. We expect BRK to be the guarantor of the notes issued under its subsidiary, Berkshire Hathaway Finance Corp. We expect BRK to use the majority of the net proceeds from the issuances to refinance existing debt, including a $10 billion credit facility it took in early 2016 to help finance the acquisition of Precision Castparts Corp., which closed on Jan. 29, 2016. We don't expect the group's credit protection measures to change materially. We continue to expect its consolidated funds from operations (FFO)-to-debt

  
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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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.

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MLA:
S&P Global Ratings’ Credit Research. "Berkshire Hathaway Inc. Proposed Notes Rated 'AA'" Mar 08, 2016. Alacra Store. May 07, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Berkshire-Hathaway-Inc-Proposed-Notes-Rated-AA-1593068>
  
APA:
S&P Global Ratings’ Credit Research. (). Berkshire Hathaway Inc. Proposed Notes Rated 'AA' Mar 08, 2016. New York, NY: Alacra Store. Retrieved May 07, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Berkshire-Hathaway-Inc-Proposed-Notes-Rated-AA-1593068>
  
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