Berkshire Hathaway priced a ¥182.3 bln (about $1.1 bln) yen bond offering in
Japan on Friday, split into five tranches with maturities from 3 to 30 years and
wider spreads versus an April issue. The 5‑year priced at TONA mid‑swap +75bps
(coupon 3.007%), the 10‑year at +90bps (coupon 3.661%) and the 30‑year at
+105bps (coupon 4.571%). In April, comparable 5‑, 10‑ and 30‑year spreads were
+70bps, +90bps and +100bps respectively.