| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers B > Headlines for Berkshire Hathaway Energy Co. > News item |
S&P rates Berkshire Hathaway Energy notes A-
S&P said it assigned its A- issue-level rating to $1 billion 4.45% senior notes due Jan. 15, 2049 issued by Berkshire Hathaway Energy Co.
The company expects to use the proceeds to redeem short-term borrowings and for general corporate purposes.
“We rate BHE's senior unsecured debt, including this issue, one notch below the issuer credit rating because it ranks behind a significant amount of secured debt and debt issued by subsidiaries in the capital structure,” S&P said in a news release.
The issuer credit rating on Berkshire Hathaway Energy is A, and the outlook is stable.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.