Berkshire Hathaway Inc. Senior Unsecured Notes Assigned 'AA+' Ratings - S&P Global Ratings’ Credit Research

Berkshire Hathaway Inc. Senior Unsecured Notes Assigned 'AA+' Ratings

Berkshire Hathaway Inc. Senior Unsecured Notes Assigned 'AA+' Ratings - S&P Global Ratings’ Credit Research
Berkshire Hathaway Inc. Senior Unsecured Notes Assigned 'AA+' Ratings
Published Jan 26, 2012
1138 words — Published Jan 26, 2012
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Abstract:

NEW YORK (Standard&Poor's) Jan. 26, 2012--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+) $1.7 billion senior unsecured notes. BRK will issue the notes in two tranches: $1.1 billion 1.9% senior unsecured notes due Jan. 31, 2017, and $600 million 3.4% senior unsecured notes due Jan. 31, 2022. BRK will use the net proceeds of this issuance for general corporate purposes, including repayment of all or a portion of $1.7 billion of notes maturing on Feb. 10, 2012. BRK's adjusted debt leverage and interest coverage (excluding the separately rated subsidiaries MidAmerican Energy Holdings Co. (BBB+/Stable/--) and Burlington Northern Santa Fe LLC (BBB+/Stable/A-2) and the borrowings used

  
Brief Excerpt:

RESEARCH Berkshire Hathaway Inc. Senior Unsecured Notes Assigned '##+' Ratings Publication date: 26-Jan-2012 Primary Credit Analyst: John Iten, New York (1) 212-438-1757; john_iten@standardandpoors.com Secondary Contact: Pablo Feldman,...

  
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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MLA:
S&P Global Ratings’ Credit Research. "Berkshire Hathaway Inc. Senior Unsecured Notes Assigned 'AA+' Ratings" Jan 26, 2012. Alacra Store. May 09, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Berkshire-Hathaway-Inc-Senior-Unsecured-Notes-Assigned-AA-Ratings-933676>
  
APA:
S&P Global Ratings’ Credit Research. (). Berkshire Hathaway Inc. Senior Unsecured Notes Assigned 'AA+' Ratings Jan 26, 2012. New York, NY: Alacra Store. Retrieved May 09, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Berkshire-Hathaway-Inc-Senior-Unsecured-Notes-Assigned-AA-Ratings-933676>
  
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