Bonds
Buffett’s Berkshire Hathaway Mandates Banks for Yen Bond Deal
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Warren Buffett’s Berkshire Hathaway Inc. is planning to sell yen bonds in the global markets, after the billionaire revealed that the firm is looking to increase ownership in Japan’s five main trading houses.
The US conglomerate, which has been a regular issuer of yen bonds since it first tapped the market in 2019, mandated BofA Securities Inc. and Mizuho Securities Co. for a potential benchmark SEC-registered bond offering, according to a person familiar with the matter.