Summary by Moomoo AI
Berkshire Hathaway Inc. has announced the issuance of three tranches of senior notes under its existing shelf registration. The offering includes % Senior Notes due on a specified date, % Senior Notes due on another specified date, and % Senior Notes due on a third specified date. The preliminary prospectus supplement, dated October 1, 2024, indicates that the interest on each series of notes will accrue from the date of original issuance, which is expected to be in 2024, with semi-annual payments commencing in 2025. The notes will mature on dates corresponding to their respective series. Berkshire Hathaway may redeem some or all of the notes after the applicable par call date for each series, plus accrued interest to the redemption date. The notes will be...Show More