Berkshire Sounds Out Yen Bond Sale Following Tokio Marine Deal

Berkshire Hathaway Inc. has started sounding out investors for a potential multi-tranche yen bond sale, according to people familiar with the matter.

The potential bond sale comes about a week after the disclosure of a plan to invest about ¥300 billion ($1.8 billion) in insurer Tokio Marine Holdings Inc.

The US-based conglomerate looks to sell the bonds across seven tenors, from three to 30 years, and price the deal as early as April 10, said the people, who declined to be identified as the information is confidential. Bloomberg reported Thursday that Mizuho Securities and BofA Securities would be managers ...