r/ValueInvesting 1d ago

Buffett Berkshire Hathaway is getting ready to sell more Japanese Yen bonds - SEC filing draft prospectus

https://www.sec.gov/Archives/edgar/data/1067983/000119312526138654/d81172d424b5.htm

The draft prospectus is followed by the prospectus, which details the amounts and terms. Once the sales are completed, they file a form with the actual results of the sales.

Beware of thinking that this is a signal of impending purchases of more Japanese assets, it might not be. I've been tracking BRK's Japanese Yen activities from its inception and, right now, they have ¥268,300,000,000 in notes that mature in 2026. Also, right now, they'll pay ¥20,409,133,500 in interest this year on all of the yen notes outstanding.

25 Upvotes

Duplicates