Burlington Northern Santa Fe Corp. (BNI) 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.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.