Berkshire Hathaway is preparing another bond offering in Japan, marketing and arranging a yen-denominated deal after its previous sale in April. Multiple outlets report that the company has hired investment banks to handle the transaction, indicating it plans to tap Japan’s bond market again later this year.
Bloomberg and Japan Times both describe Berkshire’s mandate process and timing, saying the banks are in place for a potential benchmark yen bond offering expected in the near future. Bloomberg also frames the update around market pricing, noting Berkshire is testing wider yen spread levels than those offered in April, reflecting investor expectations for higher compensation.
Quartz similarly reports that Berkshire is planning to tap Japan’s bond market a second time this year, identifying Mizuho Securities and BofA Securities as the firms involved. Across the coverage, the main common ground is the re-engagement with Japan bond investors and the use of the same banking advisers after the earlier April transaction.