07:19 AM EDT, 10/10/2024 (MT Newswires) -- Berkshire Hathaway (BRK.A) has raised 281.8 billion Japanese yen ($1.9 billion) in a yen-denominated bond offering, which is expected to increase its exposure to Japanese assets, Reuters reported Thursday, citing a term sheet.

The deal marks the largest bond sale in the Japanese currency for the company in five years, according to the report.

The company said in a recent filing that it will use the proceeds for general corporate purposes, but did not disclose the size of the deal, according to the report.

The bonds were issued with tenors of 3, 5, 7, 10, 20, 28 and 30 years, Reuters said, citing the term sheet.

The company did not immediately respond to MT Newswires' request for comment.

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