Simpson Thacher Represents Underwriters in $4.5 Billion Dollar-Denominated Bond Offering by Berkshire Hathaway
03.16.22
This is only gets display when printing
Simpson Thacher represented BofA Securities, Inc. and J.P. Morgan Securities LLC in the registered public offering of $4.5 billion aggregate principal amount of senior notes by Berkshire Hathaway Finance Corporation, guaranteed by Berkshire Hathaway Inc. (“Berkshire”), consisting of $750 million of 2.3% Senior Notes due 2027, $1 billion of 2.875% Senior Notes due 2032 and $2.75 billion of 3.85% Senior Notes due 2052. The offering closed on March 15, 2022.
Berkshire and its subsidiaries engage in diverse business activities including insurance and reinsurance, freight rail transportation, utilities and energy, finance, manufacturing, services and retailing. Berkshire’s common stock is listed on the NYSE under trading symbols BRK.A and BRK.B.
The Simpson Thacher team for the transaction included Risë Norman and Evan Kenyon (Capital Markets); Steve DeLott (Insurance); Jonathan Cantor (Tax); Melanie Jolson (IP); and Jennie Getsin (FINRA and Blue Sky).