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

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

Berkshire Hathaway Inc. Removed From CreditWatch Negative, Ratings Affirmed; Outlook Stable - S&P Global Ratings’ Credit Research
Berkshire Hathaway Inc. Removed From CreditWatch Negative, Ratings Affirmed; Outlook Stable
Published Feb 19, 2016
4 pages (1759 words) — Published Feb 19, 2016
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

We are now analyzing BRK as a corporate conglomerate under our Corporate Methodology, rather than as an insurance holding company under our insurance criteria. We have concluded that the effect of the acquisition of PCP on BRK's credit profile is neutral to our ratings on BRK. We are affirming our 'AA/A-1+' local currency rating and assigning our 'AA/A-1+' foreign currency rating to BRK and removing the local-currency rating from CreditWatch Negative. The stable outlook reflects our view that BRK will continue to report solid profitability metrics, significant cash-flow generation, and strong EBITDA margins in the next two years. NEW YORK (Standard&Poor's) Feb. 19, 2016--Standard&Poor's Ratings Services said today that it affirmed its 'AA/A-1+' local currency issuer

  
Brief Excerpt:

...+ We are now analyzing BRK as a corporate conglomerate under our Corporate Methodology, rather than as an insurance holding company under our insurance criteria. + We have concluded that the effect of the acquisition of PCP on BRK's credit profile is neutral to our ratings on BRK. + We are affirming our '##/A-1+' local currency rating and assigning our '##/A-1+' foreign currency rating to BRK and removing the local-currency rating from CreditWatch Negative. + The stable outlook reflects our view that BRK will continue to report solid profitability metrics, significant cash-flow generation, and strong EBITDA margins in the next two years. NEW YORK (Standard & Poor's) Feb. 19, 2016--Standard & Poor's Ratings Services said today that it affirmed its '##/A-1+' local currency issuer credit rating and '##' senior unsecured debt ratings on U.S.-based Berkshire Hathaway Inc. (BRK) and removed these ratings from CreditWatch Negative, where they had been placed Aug. 11, 2015, after BRK's announcement...

  
Report Type:

Ratings Action

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

  
MLA:
S&P Global Ratings’ Credit Research. "Berkshire Hathaway Inc. Removed From CreditWatch Negative, Ratings Affirmed; Outlook Stable" Feb 19, 2016. Alacra Store. May 07, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Berkshire-Hathaway-Inc-Removed-From-CreditWatch-Negative-Ratings-Affirmed-Outlook-Stable-1580870>
  
APA:
S&P Global Ratings’ Credit Research. (). Berkshire Hathaway Inc. Removed From CreditWatch Negative, Ratings Affirmed; Outlook Stable Feb 19, 2016. New York, NY: Alacra Store. Retrieved May 07, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Berkshire-Hathaway-Inc-Removed-From-CreditWatch-Negative-Ratings-Affirmed-Outlook-Stable-1580870>
  
US$ 150.00
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