Home Investment Products Debt / Bonds Berkshire plans to sell first yen bonds since BOJ move – The Japan Times

Berkshire plans to sell first yen bonds since BOJ move – The Japan Times

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Berkshire plans to sell first yen bonds since BOJ move – The Japan Times

Warren Buffett’s Berkshire Hathaway is planning to promote yen bonds within the world markets, fueling hypothesis that the billionaire is weighing extra investments in Japan.

The U.S. conglomerate mandated banks for a possible benchmark SEC-registered bond providing, in accordance with an individual accustomed to the matter. The deal could come within the close to future, topic to market situations.

Berkshire Hathaway can be the primary main non-financial abroad debt issuer to kick off a yen deal after the Financial institution of Japan final month scrapped the world’s final damaging rate of interest.

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