Parsad Posted November 4, 2010 Share Posted November 4, 2010 Swiss Re has repaid Berkshire early. Cheers! http://www.bloomberg.com/news/2010-11-04/swiss-re-agrees-to-repay-buffett-s-berkshire-hathaway-capital-injection.html?cmpid=yhoo Link to comment Share on other sites More sharing options...
alwaysinvert Posted November 4, 2010 Share Posted November 4, 2010 with no additional charge for bringing forward the repayment date Would be very amusing if Buffett managed to get extra fees because he got paid too early :D Link to comment Share on other sites More sharing options...
Dynamic Posted November 5, 2010 Share Posted November 5, 2010 Comments 3, 5 and 6 on this Seeking Alpha post pretty much clarify what Berkshire gets out of it (it's a good deal for which they waived part of the early-repayment penalty) and what Swiss Re gets out of it. Omitted the link originally: http://seekingalpha.com/article/234732-swiss-re-repays-berkshires-investment-after-buffett-eases-early-payment-terms Link to comment Share on other sites More sharing options...
Guest Bronco Posted November 5, 2010 Share Posted November 5, 2010 What's WEB going to do with all this cash? Will he try to spend it before these new young guns in BRK get a hold of it? My bet is he still wants something in the utility sector. As always, I think he still wants Mars. Link to comment Share on other sites More sharing options...
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