Summary by Futu AI
On April 25, 2024, Berkshire Hathaway Inc. successfully issued a series of Senior Notes with varying interest rates and maturities, raising a total of ¥263 billion. The offering included seven tranches of notes, with maturities ranging from 2027 to 2054 and interest rates between 0.974% and 2.498%. The issuance was conducted under a registration statement filed with the SEC on January 28, 2022. Berkshire entered into an underwriting agreement with Merrill Lynch International and Mizuho Securities USA LLC on April 18, 2024. The notes were issued pursuant to an Indenture dated January 28, 2022, between Berkshire, Berkshire Hathaway Finance Corporation, and The Bank of New York Mellon Trust Company, N.A. The terms of the notes and the indenture were detailed in the prospectus supplement filed on April 22, 2024, and in the base prospectus included in the registration statement.