Warren Buffett's Berkshire Hathaway is in talks with Bloomberg for potential yen bond offering

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Warren Buffett's Berkshire Hathaway is in talks with Bloomberg for potential yen bond offering

According to people familiar with the matter, investors are talking about the sale of a potential multi-part yen bond offering from Bloomberg -- Warren Buffett's Berkshire Hathaway Inc.

The people who asked not to be identified are not authorized to speak about it, so the deal may include notes as long as 30 years.

More issuers have turned to the yen credit market as the Bank of Japan keeps its foot on borrowing costs. According to Bloomberg-compiled data, if Berkshire s offering proceeds, it would be the firm s second in the Japanese currency this year and add to a string of recent yen note deals by overseas issuers.

Berkshire has issued bonds every year since 2019, when it priced one of the biggest yen offerings ever by an overseas firm. It sold the debt in January.

According to Mizuho, the firm hired BofA Securities Inc. and Mizuho Securities Co. for a potential offering of SEC-registered fixed senior unsecured notes.

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