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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15 (D)

OF THE SECURITIES EXCHANGE ACT OF 1934

DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) December 8, 2022

 

 

BERKSHIRE HATHAWAY INC.

(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

 

 

 

DELAWARE   001-14905   47-0813844

(STATE OR OTHER JURISDICTION

OF INCORPORATION)

 

(COMMISSION

FILE NUMBER)

 

(I.R.S. EMPLOYER

IDENTIFICATION NO.)

 

3555 Farnam Street

Omaha, Nebraska

  68131
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)   (ZIP CODE)

(402) 346-1400

REGISTRANT’S TELEPHONE NUMBER, INCLUDING AREA CODE

 

(Former name or former address, if changed since last report.)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading

Symbols

 

Name of each exchange

on which registered

Class A Common Stock   BRK.A   New York Stock Exchange
Class B Common Stock   BRK.B   New York Stock Exchange
0.750% Senior Notes due 2023   BRK23   New York Stock Exchange
1.125% Senior Notes due 2027   BRK27   New York Stock Exchange
1.625% Senior Notes due 2035   BRK35   New York Stock Exchange
1.300% Senior Notes due 2024   BRK24   New York Stock Exchange
2.150% Senior Notes due 2028   BRK28   New York Stock Exchange
0.625% Senior Notes due 2023   BRK23A   New York Stock Exchange
2.375% Senior Notes due 2039   BRK39   New York Stock Exchange
2.625% Senior Notes due 2059   BRK59   New York Stock Exchange
0.000% Senior Notes due 2025   BRK25   New York Stock Exchange
0.500% Senior Notes due 2041   BRK41   New York Stock Exchange
1.500% Senior Notes due 2030   BRK30   New York Stock Exchange
2.000% Senior Notes due 2034   BRK34   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

 

 

 


Item 8.01

Other Events.

On December 8, 2022, Berkshire Hathaway Inc. (“Berkshire”) issued (i) ¥55,000,000,000 aggregate principal amount of its 0.783% Senior Notes due 2025, (ii) ¥41,500,000,000 aggregate principal amount of its 1.029% Senior Notes due 2027, (iii) ¥1,000,000,000 aggregate principal amount of its 1.180% Senior Notes due 2029, (iv) ¥4,000,000,000 aggregate principal amount of its 1.452% Senior Notes due 2032, (v) ¥5,100,000,000 aggregate principal amount of its 2.003% Senior Notes due 2042 and (vi) ¥8,400,000,000 aggregate principal amount of its 2.368% Senior Notes due 2052 ((i) through (vi) collectively, the “Notes”) under a registration statement on Form S-3 under the Securities Act of 1933, as amended (the “Securities Act”), filed with the Securities and Exchange Commission (the “Commission”) on January 28, 2022 (Registration No. 333-262384) (the “Registration Statement”). The Notes were sold pursuant to an underwriting agreement entered into on December 1, 2022, by and among (a) Berkshire and (b) Merrill Lynch International and Mizuho Securities USA LLC.

The Notes were issued under an Indenture, dated as of January 28, 2022, by and among Berkshire, Berkshire Hathaway Finance Corporation and The Bank of New York Mellon Trust Company, N.A. (the “Indenture”) and (i) an officers’ certificate dated as of December 8, 2022 by Berkshire with respect to its 0.783% Senior Notes due 2025 (the “2025 Notes Officers’ Certificate”), (ii) an officers’ certificate dated as of December 8, 2022 by Berkshire with respect to its 1.029% Senior Notes due 2027 (the “2027 Notes Officers’ Certificate”), (iii) an officers’ certificate dated as of December 8, 2022 by Berkshire with respect to its 1.180% Senior Notes due 2029 (the “2029 Notes Officers’ Certificate”), (iv) an officers’ certificate dated as of December 8, 2022 by Berkshire with respect to its 1.452% Senior Notes due 2032 (the “2032 Notes Officers’ Certificate”), (v) an officers’ certificate dated as of December 8, 2022 by Berkshire with respect to its 2.003% Senior Notes due 2042 (the “2042 Notes Officers’ Certificate”) and (vi) an officers’ certificate dated as of December 8, 2022 by Berkshire with respect to its 2.368% Senior Notes due 2052 (the “2052 Notes Officers’ Certificate”) ((i) through (vi) collectively, the “Officers’ Certificates”).

The relevant terms of the Notes and the Indenture are further described under the caption “Description of the Notes” in the prospectus supplement relating to the Notes, dated December 1, 2022, filed with the Commission by Berkshire on December 2, 2022, pursuant to Rule 424(b)(5) under the Securities Act and in the section entitled “Description of the Debt Securities” in the base prospectus relating to debt securities of Berkshire, dated January 28, 2022, included in the Registration Statement, which descriptions are incorporated herein by reference.

A copy of the Indenture is set forth in Exhibit 4.1 of the Registration Statement and is incorporated herein by reference. A copy of the 2025 Notes Officers’ Certificate is attached hereto as Exhibit 4.2 and is incorporated herein by reference. A copy of the 2027 Notes Officers’ Certificate is attached hereto as Exhibit 4.3 and is incorporated herein by reference. A copy of the 2029 Notes Officers’ Certificate is attached hereto as Exhibit 4.4 and is incorporated herein by reference. A copy of the 2032 Notes Officers’ Certificate is attached hereto as Exhibit 4.5 and is incorporated herein by reference. A copy of the 2042 Notes Officers’ Certificate is attached hereto as Exhibit 4.6 and is incorporated herein by reference. A copy of the 2052 Notes Officers’ Certificate is attached hereto as Exhibit 4.7 and is incorporated herein by reference. The descriptions of the Indenture, the Officers’ Certificates and the Notes in this report are summaries and are qualified in their entirety by the terms of the Indenture, the Officers’ Certificates and the Notes, respectively.

 


Item 9.01

Financial Statements and Exhibits.

(d) Exhibits

 

  1.1    Underwriting Agreement, dated December 1, 2022, by and among (a) Berkshire Hathaway Inc. and (b) Merrill Lynch International and Mizuho Securities USA LLC.
  4.1    Indenture, dated as of January 28, 2022, by and among Berkshire Hathaway Inc., Berkshire Hathaway Finance Corporation and The Bank of New York Mellon Trust Company, N.A. (incorporated by reference to Exhibit 4.1 of Berkshire Hathaway Inc.’s Registration Statement on Form S-3 (Registration No. 333-262384) filed with the Commission on January 28, 2022).
  4.2    Officers’ Certificate of Berkshire Hathaway Inc., dated as of December 8, 2022, including the form of Berkshire Hathaway Inc.’s 0.783% Senior Notes due 2025.
  4.3    Officers’ Certificate of Berkshire Hathaway Inc., dated as of December 8, 2022, including the form of Berkshire Hathaway Inc.’s 1.029% Senior Notes due 2027.
  4.4    Officers’ Certificate of Berkshire Hathaway Inc., dated as of December 8, 2022, including the form of Berkshire Hathaway Inc.’s 1.180% Senior Notes due 2029.
  4.5    Officers’ Certificate of Berkshire Hathaway Inc., dated as of December 8, 2022, including the form of Berkshire Hathaway Inc.’s 1.452% Senior Notes due 2032.
  4.6    Officers’ Certificate of Berkshire Hathaway Inc., dated as of December 8, 2022, including the form of Berkshire Hathaway Inc.’s 2.003% Senior Notes due 2042.
  4.7    Officers’ Certificate of Berkshire Hathaway Inc., dated as of December 8, 2022, including the form of Berkshire Hathaway Inc.’s 2.368% Senior Notes due 2052.
  5.1    Opinion of Munger, Tolles & Olson LLP, dated December 8, 2022, with respect to the Notes.
23.1    Consent of Munger, Tolles & Olson LLP (included in Exhibit 5.1).
104    Cover Page Interactive Data File (embedded within the Inline XBRL document).


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

December 8, 2022     BERKSHIRE HATHAWAY INC.
   

/s/ Marc D. Hamburg

    By: Marc D. Hamburg
    Senior Vice President and Chief Financial Officer
Berkshire Hathaway (NYSE:BRK.A)
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