I’ll probably submit a question about this to Becky Quick, although I suspect she will be flooded with BHE questions this year. I have not seen this particular issue discussed elsewhere although that could be because I’m making it out to be more of an issue than it is. BHE has many healthy subsidiaries and would likely be able to refinan…
I’ll probably submit a question about this to Becky Quick, although I suspect she will be flooded with BHE questions this year. I have not seen this particular issue discussed elsewhere although that could be because I’m making it out to be more of an issue than it is. BHE has many healthy subsidiaries and would likely be able to refinance its senior debt at the BHE level, especially considering that it makes no distributions to Berkshire Hathaway and the retention of all its earnings is constantly bolstering its equity capital base as a result. Still, it would obviously be preferable to not have this sort of provision in BHE’s debt.
I’ll probably submit a question about this to Becky Quick, although I suspect she will be flooded with BHE questions this year. I have not seen this particular issue discussed elsewhere although that could be because I’m making it out to be more of an issue than it is. BHE has many healthy subsidiaries and would likely be able to refinance its senior debt at the BHE level, especially considering that it makes no distributions to Berkshire Hathaway and the retention of all its earnings is constantly bolstering its equity capital base as a result. Still, it would obviously be preferable to not have this sort of provision in BHE’s debt.