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Berkshire plans new yen bond sale in boost to trading houses

Bloomberg
Bloomberg • 2 min read
Berkshire plans new yen bond sale in boost to trading houses
Buffett purchased stakes in trading firms, which helped propel the Nikkei 225 stock gauge to a record high earlier this year. Photo: Bloomberg
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Warren Buffett’s Berkshire Hathaway Inc is planning its second yen bond sale this year, fueling gains in trading houses on speculation it’s looking to boost investments in Japan.

Berkshire hired BofA Securities Inc and Mizuho Securities Co for a potential benchmark yen-denominated senior unsecured bond offering in the global market.

The company is a regular issuer of yen bonds and last sold such debt in April, in the firm’s largest such deal since it first tapped the market in 2019.

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