Core Viewpoint - Berkshire Hathaway is preparing to issue yen-denominated bonds for the second time this year, reflecting a record high in global bond issuance in 2023 [1] Group 1: Company Actions - Berkshire Hathaway has hired banks to arrange a potential yen bond issuance, indicating its active participation in the Japanese bond market [1] - The company is one of the largest issuers in the yen bond market, with significant stakes in major Japanese trading companies [1] Group 2: Market Context - The global bond issuance has surged to approximately $6 trillion in 2023, driven by favorable market conditions for various financing activities, including AI projects and mergers [1] - The recent rebound in yen bond trading has seen other issuers, such as Renault and Slovenia, preparing to price their bonds [1] Group 3: Investment Implications - The issuance of yen-denominated bonds by Berkshire Hathaway suggests that the company sees investment opportunities in Japan, particularly in trading companies [1] - The company's AA rating and the potential for higher spreads compared to local firms with similar credit ratings make its bond offerings significant in the yen market [1]
伯克希尔(BRK.A.US)再启日元债发行，为全球6万亿美元火热债市“火上浇油”