Berkshire Hathaway raises US$1.9bil in yen bonds


The yen bond issue signals Buffett’s deepening association with Japan’s capital markets. — Bloomberg

Tokyo: Warren Buffett’s Berkshire Hathaway has raised 281.8 billion yen or about US$1.9bil in a seven-tranche yen-denominated bond deal, its largest sale in the Japanese currency in five years, a term sheet reviewed by Reuters yesterday shows.

The yen bond issue signals Buffett’s deepening association with Japan’s capital markets after its equity stake buys in the nation’s top five trading houses over the past four years.

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