Filed Pursuant to Rule 424(b)(5)
Registration Statement No. 333-262384
Prospectus Supplement to Prospectus dated January 28, 2022
¥115,000,000,000
Berkshire Hathaway Inc.
¥55,000,000,000 0.783% Senior Notes due 2025
¥41,500,000,000 1.029% Senior Notes due 2027
¥1,000,000,000 1.180% Senior Notes due 2029
¥4,000,000,000 1.452% Senior Notes due 2032
¥5,100,000,000 2.003% Senior Notes due 2042
¥8,400,000,000 2.368% Senior Notes due 2052
We are offering (i) ¥55,000,000,000 of our 0.783% Senior Notes due 2025; (ii) ¥41,500,000,000 of our 1.029% Senior Notes due 2027; (iii) ¥1,000,000,000 of our 1.180% Senior Notes due 2029; (iv) ¥4,000,000,000 of our 1.452% Senior Notes due 2032; (v) ¥5,100,000,000 of our 2.003% Senior Notes due 2042; and (vi) ¥8,400,000,000 of our 2.368% Senior Notes due 2052 (collectively, the “notes”).
Interest on each series of notes will accrue from the date of original issuance, expected to be December 8, 2022 and will be payable semi-annually in arrears on June 8 and December 8 of each year, commencing on June 8, 2023.
The 0.783% Senior Notes due 2025 will mature on December 8, 2025. The 1.029% Senior Notes due 2027 will mature on December 8, 2027. The 1.180% Senior Notes due 2029 will mature on December 7, 2029. The 1.452% Senior Notes due 2032 will mature on December 8, 2032. The 2.003% Senior Notes due 2042 will mature on December 8, 2042. The 2.368% Senior Notes due 2052 will mature on December 6, 2052.
We may redeem each series of notes in whole but not in part at any time, if certain events occur involving changes in United States taxation, at the applicable redemption price described under “Description of the Notes—Redemption for Tax Reasons.”
The notes will be our senior unsecured indebtedness and will rank equally with all of our other existing and future senior unsecured indebtedness. The notes will be issued only in minimum denominations of ¥100,000,000 and integral multiples of ¥10,000,000 in excess thereof.
The notes will not be listed on any securities exchange. Currently, there is no public market for the notes.
The risks involved in investing in our debt securities are described in the “Risk Factors” section on page S-7 of this prospectus supplement.
Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of the notes or passed upon the adequacy or accuracy of this prospectus. Any representation to the contrary is a criminal offense.
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| | Per 0.783% Senior Note due 2025 | | | Per 1.029% Senior Note due 2027 | | | Per 1.180% Senior Note due 2029 | | | Per 1.452% Senior Note due 2032 | | | Per 2.003% Senior Note due 2042 | | | Per 2.368% Senior Note due 2052 | | | Total | |
Initial public offering price(1) | | | 100 | % | | | 100 | % | | | 100 | % | | | 100 | % | | | 100 | % | | | 100 | % | | ¥ | 155,000,000,000 | |
Underwriting discount | | | 0.10 | % | | | 0.15 | % | | | 0.20 | % | | | 0.25 | % | | | 0.45 | % | | | 0.55 | % | | ¥ | 198,400,000 | |
Proceeds, before expenses, to Berkshire Hathaway Inc. | | | 99.90 | % | | | 99.85 | % | | | 99.80 | % | | | 99.75 | % | | | 99.55 | % | | | 99.45 | % | | ¥ | 114,801,600,000 | |
(1) | Plus accrued interest, if any, from December 8, 2022, until the date of delivery. |
The underwriters expect to deliver the notes to purchasers through the book-entry delivery system of Euroclear Bank S.A./N.V. (“Euroclear”) and Clearstream Banking, société anonyme (“Clearstream”), on or about December 8, 2022, which is the fifth Tokyo business day following the date of this prospectus supplement. This settlement date may affect the trading of the notes.
Joint Book-Running Managers
Prospectus Supplement dated December 1, 2022