Berkshire’s ¥282 Billion Bond Sale Fuels Japan Investment Hopes

Oct. 10, 2024, 1:03 AM UTC

Warren Buffett’s Berkshire Hathaway Inc. sold a ¥281.8 billion ($1.89 billion) multi-tranche bond on Thursday in a deal that’s fueling speculation the legendary investor will increase his exposure to Japanese assets.

The firm priced a seven-part bond deal with tenors spanning three to 30 years in Berkshire’s biggest yen-denominated issuance since its debut sale in 2019.

The billionaire’s fundraising in Japan is being closely watched by equity investors because Buffett has used yen funds raised in the bond market to purchase holdings in Japanese companies. His stake increases in five major trading houses helped drive the Nikkei 225 Stock Average ...

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