Home > Stock Markets > Berkshire Hathaway raises $1.9 billion in bond deal, term sheet shows

Berkshire Hathaway raises $1.9 billion in bond deal, term sheet shows

2024/10/10 9

By Scott Murdoch

(Reuters) – Warren Buffet’s Berkshire Hathaway (NYSE:BRKa) has raised 281.8 billion yen ($1.9 billion) in a seven-tranche yen-denominated bond deal, according to a term sheet reviewed by Reuters on Thursday.

The U.S. investment giant issued bonds with tenures of 3, 5, 7, 10, 20, 28 and 30 years, the term sheet showed.

© Reuters. FILE PHOTO: Berkshire Hathaway logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 10, 2023.  REUTERS/Brendan McDermid/File Photo

The 3-year tranche was the largest with 155.4 billion yen raised, ahead of the 5-year bond raising 58 billion yen.

($1 = 149.1500 yen)

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