Berkshire Hathaway backs 112 muni bonds - Moody's

Fri Feb 22, 2008 12:50pm EST
 
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NEW YORK, Feb 22 (Reuters) - Berkshire Hathaway Inc.'s (BRKa.N) debt insurer has backed 112 municipal bond issues in the last two days, a credit agency said on Friday, a development that shows just how fast the new unit is growing in a field where rivals are struggling.

"We have rated approximately 112 Berkshire Hathaway Assurance Corp-insured issues between yesterday and today," a spokesman for Moody's Investor Services said. (Reporting by Joan Gralla; Editing by James Dalgleish)

 
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