#Japan’s Corporate #Bonds Market had one of its biggest days in history on Friday pricing around ¥1.7tn ($16bn) of #Debt, led by #Softbank & #BerkshireHathaway

Day's haul, was equivalent of about 15% of total yen issuance by domestic corporates in the year to March 2018.

— Most significant aspect was the ¥430bn (+$4BN) sale of yen denominated bonds by Warren Buffett's Berkshire — the largest on record for any non-Japanese company,

— Berkshire priced the ¥430bn six-part bond with maturities of 5, 7, 10, 15, 20 and 30 years, ranging in size from ¥19bn to ¥147bn. Coupons ranged from 0.17 to 1.1%

"Why would they do it? Because they can…any company that has a similar image is crazy for not going to the Japanese market right now and taking advantage of this appetite."

See the whole Article from  the Financial Times: https://www.ft.com/content/1341fcbe-d098-11e9-99a4-b5ded7a7fe3f?