US conglomerate Berkshire Hathaway is planning to launch its first ever euro-denominated bond.
The company CEO Warren Buffett has hired four banks namely Bank of America Merrill Lynch, Deutsche Bank, Goldman Sachs, and Wells Fargo to manage the potential bond offering.
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The new euro bonds are projected to get a stable rating of Aa2/AA.
The move comes amidst rising investor demand for eurozone debt at the start of the year on anticipations of monetary easing from the ECB, announced in January.
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