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424B5: Prospectus

SEC ·  Oct 1 06:08
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
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 senior unsecured indebtedness, ranking equally with other existing and future senior unsecured indebtedness. They will be issued in minimum denominations of ¥100,000,000 and multiples of ¥10,000,000 thereafter. The notes will not be listed on any securities exchange, and currently, there is no public market for them. The risks involved in investing in the debt securities are detailed in the 'Risk Factors' section of the prospectus supplement. The offering is subject to completion and is not an offer to sell these securities in any jurisdiction where the offer or sale is not permitted. The joint book-running managers for the offering are BofA Securities and Mizuho. The prospectus supplement is dated 2024.
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