Berkshire Hathaway on Thursday launched $8 billion of notes in a
six-part sale, said IFR, a Thomson Reuters service.

The offering includes

• $2 billion of one-year floating-rate notes with an expected coupon rate of 0 to 3 basis points below the three-month London interbank offered rate (LIBOR);

• $1.1 billion of two-year floating-rate notes with an expected coupon rate of 18 basis over the 3-month LIBOR;

• $600 million of two-year fixed-rate notes expected to yield about 65 basis points over comparable U.S. Treasuries;

• $1.2 billion of three-year floating-rate notes with an expected coupon rate of about 45 basis points over three-month LIBOR;

• $1.4 billion of three-year fixed-rate notes expected to yield about 85 basis points over Treasuries; and

• $1.7 billion of five-year fixed-rate notes expected to yield about 95 basis points more than Treasuries.

The sole bookrunning manager on the sale is JP Morgan.