Filed Pursuant to Rule 433
Registration Statement No. 333-186257
Registration Statement No. 333-186257-01
Pricing Term Sheet
BERKSHIRE HATHAWAY FINANCE CORPORATION
Pricing Term Sheet
$400,000,000 Floating Rate Senior Notes due 2017
$600,000,000 Floating Rate Senior Notes due 2018
| Issuer: |
Berkshire Hathaway Finance Corporation | |
| Guarantor: |
Berkshire Hathaway Inc. | |
| Trade Date: |
January 13, 2015 | |
| Settlement Date: |
January 15, 2015 (T+2) |
Floating Rate Senior Notes due 2017
| Principal Amount: |
$400,000,000 | |
| Maturity Date: |
January 13, 2017 | |
| Issue Price (Price to Public): |
100% of face amount | |
| Gross Spread: |
15 bps | |
| Proceeds to Issuer: |
$399,400,000 | |
| Interest Rate Index: |
Three-Month LIBOR (Reuters Page LIBOR01) | |
| Spread to Index: |
+17 bps | |
| Day Count Convention: |
Actual/360 | |
| Interest Payment and Reset Dates: |
Each January 13, April 13, July 13 and October 13, commencing April 13, 2015 and ending on the Maturity Date | |
| Interest Determination Dates: |
Quarterly, on second London business day prior to applicable Interest Payment Date, except that initial Interest Determination Date will be January 13, 2015 | |
| Optional Redemption: |
None | |
| Minimum Denomination: |
$2,000 and integral multiples of $1,000 in excess thereof | |
| CUSIP: |
084664 CC3 | |
| ISIN: |
US084664CC39 |
Floating Rate Senior Notes due 2018
| Principal Amount: |
$600,000,000 | |
| Maturity Date: |
January 12, 2018 | |
| Issue Price (Price to Public): |
100% of face amount | |
| Gross Spread: |
20 bps | |
| Proceeds to Issuer: |
$598,800,000 | |
| Interest Rate Index: |
Three-Month LIBOR (Reuters Page LIBOR01) | |
| Spread to Index: |
+30 bps | |
| Day Count Convention: |
Actual/360 | |
| Interest Payment and Reset Dates: |
Each January 12, April 12, July 12 and October 12, commencing April 12, 2015 and ending on the Maturity Date | |
| Interest Determination Dates: |
Quarterly, on second London business day prior to applicable Interest Payment Date, except that initial Interest Determination Date will be January 13, 2015 | |
| Optional Redemption: |
None | |
| Minimum Denomination: |
$2,000 and integral multiples of $1,000 in excess thereof | |
| CUSIP: |
084664 CD1 | |
| ISIN: |
US084664CD12 |
| Joint Book-Running Managers: |
Goldman, Sachs & Co. Merrill Lynch, Pierce, Fenner & Smith Incorporated Wells Fargo Securities, LLC |
Settlement Period: The closing will occur on January 15, 2015, which will be the second business day following the date hereof (such settlement being referred to as “T+2”). Accordingly, purchasers will be expected to pay for their notes within two business days of the date hereof.
Each of the issuer and the guarantor has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer and the guarantor have filed with the SEC for more complete information about the issuer, the guarantor and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Goldman, Sachs & Co. toll-free at (866) 471-2526, Merrill Lynch, Pierce, Fenner & Smith Incorporated toll-free at (800) 294-1322 or Wells Fargo Securities, LLC toll-free at (800) 645-3751.