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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) January 15, 2021

 

 

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

 

 

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

0.75% 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

0.250% Senior Notes due 2021  

BRK21

 

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

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 January 15, 2021, Berkshire Hathaway Inc. (“Berkshire”) issued €600,000,000 aggregate principal amount of its 0.500% Senior Notes due 2041 (the “Berkshire 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, 2019 (Registration Nos. 333-229396 and 333-229396-01) (the “Registration Statement”). The Berkshire Notes were sold pursuant to an underwriting agreement entered into on January 5, 2021, by and between (a) Berkshire and (b) J.P. Morgan Securities plc and Merrill Lynch International.

On January 15, 2021, Berkshire Hathaway Finance Corporation (“BHFC”) issued $750,000,000 aggregate principal amount of its 2.500% Senior Notes due 2051 (the “BHFC Notes” and together with the Berkshire Notes, the “Notes”) under the Registration Statement. The BHFC Notes, which are fully and unconditionally guaranteed by Berkshire, were sold pursuant to an underwriting agreement entered into on January 5, 2021, by and between (a) BHFC and Berkshire and (b) BofA Securities, Inc. and J.P. Morgan Securities LLC.

The Notes were issued under an Indenture, dated as of January 26, 2016, by and among Berkshire, BHFC and The Bank of New York Mellon Trust Company, N.A. (the “Indenture”) and (i) an officers’ certificate dated as of January 15, 2021 by Berkshire with respect to the Berkshire Notes (the “Berkshire Officers’ Certificate”) and (ii) an officers’ certificate dated as of January 15, 2021 by BHFC with respect to the BHFC Notes (the “BHFC Officers’ Certificate” and, together with the Berkshire Officers’ Certificate, the “Officers’ Certificates”).

The relevant terms of the Berkshire Notes and the Indenture are further described under the caption “Description of the Notes” in the prospectus supplement relating to the Berkshire Notes, dated January 5, 2021, filed with the Commission by Berkshire on January 7, 2021, 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, 2019, included in the Registration Statement, which descriptions are incorporated herein by reference. The relevant terms of the BHFC Notes and the Indenture are further described under the caption “Description of the Notes and Guarantees” in the prospectus supplement relating to the BHFC Notes, dated January 5, 2021, filed with the Commission by Berkshire and BHFC on January 7, 2021, 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 BHFC, dated January 28, 2019, 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 Berkshire Officers’ Certificate is attached hereto as Exhibit 4.2 and is incorporated herein by reference. A copy of the BHFC Officers’ Certificate is attached hereto as Exhibit 4.3 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 January 5, 2021, by and between (a) Berkshire Hathaway Inc. and (b) J.P. Morgan Securities plc and Merrill Lynch International.
  1.2    Underwriting Agreement, dated January 5, 2021, by and between (a) Berkshire Hathaway Finance Corporation and Berkshire Hathaway Inc. and (b) BofA Securities, Inc. and J.P. Morgan Securities LLC.
  4.1    Indenture, dated as of January 26, 2016, 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. and Berkshire Hathaway Finance Corporation’s Registration Statement on Form S-3 (Registration Nos. 333-229396 and 333-229396-01) filed with the Commission on January 28, 2019).
  4.2    Officers’ Certificate of Berkshire Hathaway Inc., dated as of January 15, 2021, including the form of Berkshire Hathaway Inc.’s 0.500% Senior Notes due 2041.
  4.3    Officers’ Certificate of Berkshire Hathaway Finance Corporation, dated as of January 15, 2021, including the form of Berkshire Hathaway Finance Corporation’s 2.500% Senior Notes due 2051.



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.

 

January 15, 2021     BERKSHIRE HATHAWAY INC.
   

/s/ Marc D. Hamburg

    By:   Marc D. Hamburg
    Senior Vice President and Chief Financial Officer