Berkshire Hathaway Raises ¥210.1 Billion From Multi-Tranche Bond Sale

Berkshire Hathaway Inc. sold ¥210.1 billion ($1.4 billion) of yen-denominated bonds on Friday at a spread which was lower compared with its previous deal as global investors flock to Japan.

The offering comprised four tranches of SEC-registered, senior, unsecured bonds with maturities ranging from three to 15 years, and in aggregate raised more than the previous ¥90 billion sale in April. That prior deal, which came at a time of heightened uncertainty due to US trade tensions, marked the smallest yen issuance by veteran investor Warren Buffett’s firm since it first starting tapping the market in 2019.