HALISTER: NEW DEAL: Berkshire Hathaway EUR Benchmark 3-Part Deal

NEW DEAL: Berkshire Hathaway EUR Benchmark 3-Part Deal

(Bloomberg) -- May price today.
  • Use of Proceeds: Repay $10b bank loan that part-financed Precision Castparts Corp acquisition, refinance $300m 2.20% senior notes that matured and repaid on Feb. 11, 2016
  • Issuer: Berkshire Hathaway Inc
  • Ratings: Aa2/AA (both stable)
  • SEC registered
  • Settlement: March 15, 2016
  • 4Y tranche
    • IPT: MS +85 area
    • Maturity: March 13, 2020
    • Par call: 1 month
    • B&D: JPM
  • 8Y tranche
    • IPT: MS +120 area
    • Maturity: March 15, 2024
    • Par call: 3 month
    • B&D: GS
  • 12Y tranche
    • IPT: MS +165 area
    • Maturity: March 15, 2028
    • Par call: 3 month
    • B&D: BofAML
  • MWC
  • Joint books: BofAML, GS, JPM, WFS
  • NOTE: Berkshire Hathaway sold $9b debt offering in 7 parts yesterday
  • Information from person familiar with the matter, who is not authorized to speak publicly and asked not to be identified
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
BRK/A US (Berkshire Hathaway Inc)

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