Berkshire Hathaway sets IPTs on jumbo M&A bond

March 8, 2016 1:45 PM

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NEW YORK, March 8 (IFR) - Berkshire Hathaway has set initial price thoughts on an up to eight-part US dollar bond that will partly finance its US$32bn acquisition of Precision Castparts.

Berkshire Hathaway Inc and Berkshire Hathaway Finance Corp plan to issue bonds with maturities of two to ten years in fixed and floating rate format.

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