(RTTNews) - Burlington Northern Santa Fe Corp. (BNI: News ) said, in a filling with the U.S. Securities and Exchange Commission, that Berkshire Hathaway Inc. (BRK.A, BRK.B) obtained an $8 billion unsecured credit facility pursuant to a Credit Agreement, by and between Berkshire, JPMorgan Chase Bank, N.A., as Administrative Agent , Wells Fargo Bank, N.A., as Syndication Agent, and the lenders from time to time party thereto. Loans made pursuant to the Credit Agreement may only be used to finance the acquisition of Burlington Northern Santa. Borrowings under the Credit Agreement, if any, will be made immediately prior to the closing of the transaction. Berkshire is under no obligation to make borrowings under the Credit Agreement.

Earlier this month, Berkshire Hathaway and Burlington Northern Santa Fe announced a definitive agreement for Berkshire Hathaway to acquire for $100 per share in cash and stock the remaining 77.4% of outstanding BNI shares not currently owned to increase its holdings to 100%. Based on the number of outstanding BNI shares, including shares currently owned by Berkshire, on Nov. 2, 2009, the transaction is valued at about $44 billion, including $10 billion of outstanding BNSF debt, making it the largest acquisition in Berkshire Hathaway history.

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by RTT Staff Writer

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