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巴菲特加码日本:伯克希尔哈撒韦发行五年来最大规模日元债

Buffett increased investment in japan: Berkshire Hathaway issued the largest scale yen bond in the past five years.

Zhitong Finance ·  Oct 10 18:30

"Stock God" Buffett's Berkshire Hathaway raised 281.8 billion yen (approximately $1.9 billion) by issuing yen-denominated bonds, marking the company's largest yen-denominated bond issuance in the past five years.

According to the Zhitong Finance APP, "Stock God" Buffett's Berkshire Hathaway (BRK.A.US) raised 281.8 billion yen (approximately $1.9 billion) by issuing yen-denominated bonds, making it the largest yen-denominated bond issuance by the company in five years. This is also Berkshire Hathaway's second issuance of yen bonds this year. In April of this year, the company issued 263.3 billion yen in bonds.

The issuance of yen-denominated bonds this time demonstrates that Buffett's connection with the Japanese capital markets is deepening. According to the documents submitted by Berkshire Hathaway, the funds raised from this yen bond issuance will be used for general corporate purposes. Analysts believe that this move lays the groundwork for Berkshire Hathaway to increase its exposure to Japanese assets.

Berkshire Hathaway's fundraising plan is closely watched by stock market investors because earlier this year, the company's purchase of shares in Japan's five major trading companies helped drive the Nikkei 225 Index to a historic high. In February of this year, Berkshire Hathaway mentioned in its annual shareholder letter that the company's practice of issuing yen-denominated bonds provided most of the funding for investing in Japanese companies.

Takehiko Masuzawa, Trading Director at Phillip Securities Japan, stated: "The size of Berkshire Hathaway's yen bond issuance this year is the highest since the company began issuing yen bonds, indicating their expectations for the rise in the Japanese stock market." "The market is watching to see what stocks they will target next. Investors believe that value stocks, such as banks and insurance companies that pay high dividends, are the most likely targets."

It is reported that Berkshire Hathaway issued yen bonds with maturities of 3, 5, 7, 10, 20, 28, and 30 years. Among them, the issuance size of the 3-year bonds is the largest, reaching 155.4 billion yen; the issuance size of the 5-year bonds is 58 billion yen.

The translation is provided by third-party software.


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