Simpson Thacher Advises the Underwriters on Berkshire Hathaway’s Largest Ever Debt Offering, Totaling $12 Billion in U.S. Dollar-Denominated and Euro-Denominated Notes

Simpson Thacher represented BofA Merrill Lynch, Goldman, Sachs & Co., J.P. Morgan and Wells Fargo Securities in the registered public offerings by Berkshire Hathaway Inc. (“Berkshire”) and Berkshire Hathaway Finance Corporation (“BHFC”) of $12 billion aggregate principal amount of notes over ten tranches with maturities ranging from 2 to 12 years. The transaction included offerings by Berkshire of $5.5 billion in U.S. dollar-denominated notes and €2.75 billion ($3.05 billion) in euro-denominated notes, as well as BHFC’s offering of $3.5 billion in both fixed and floating rate notes which will be guaranteed by Berkshire. All transactions closed on March 15, 2016. Berkshire’s euro-denominated notes will be listed on the New York Stock Exchange. More >>

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