Market Chatter: Berkshire Hathaway Sells $1.71 Billion Worth of Yen-Denominated Bonds

MT Newswires Live04-10 20:55

Berkshire Hathaway (BRK.A, BRK.B) sold 272.3 billion Japanese yen ($1.71 billion) worth of yen-denominated bonds, the first such deal since Warren Buffett retired as chief executive officer, Bloomberg said in an updated report Friday.

The offering consisted of six tranches and included maturities ranging from three to 30 years, the report said.

The company has increased its investments in Japan, the report said.

Berkshire Hathaway did not immediately reply to MT Newswires' request for comment.

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