Dollar investment grade (financial) deal of the year – Berkshire Hathaway

Dollar investment grade (financial) deal of the year – Berkshire Hathaway

doty-logo

Issuer: Berkshire Hathaway
Issue date: February 4, 2010
Size: $8 billion
Ratings: Aa2/AA+ (Moody’s/S&P)

Floating rate tranches
Tranche size: $2 billion (2011); $1.1 billion (2012); $1.2 billion (2013)
Coupons: 3m Libor – 2bp;
3m Libor + 18bp; 3m Libor + 43bp

Fixed rate tranches
Tranche size: $600 million (2012); $1.4 billion (2013); $1.7 billion (2015)
Coupons: 1.4% (US Treasuries + 63bp); 2.125% (US Treasuries + 83bp); 3.2% (US Treasuries + 93bp)

When seeing the name Berkshire Hathaway, one immediately

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: