Summary of TIFFANY & CO - Yahoo! Finance

Item 8.01. Other Events.

On February 12, 2009, the Registrant issued $250,000,000 of its 10.00% Series A-2009 and Series B-2009 Senior Notes to subsidiaries of Berkshire Hathaway Inc. in a transaction exempt from the registration requirements of the Securities Act of 1933. The Series A-2009 Notes are in the amount of $125 million and are due on February 13, 2017. The Series B-2009 Notes are in the amount of $125 million and are due on February 13, 2019. The proceeds of the Notes will be used to refinance existing indebtedness and for general corporate purposes. The Note Purchase Agreement requires lump sum repayments upon maturity and includes specific financial covenants and ratios and limits certain payments, investments and indebtedness, in addition to other requirements customary to such borrowings. The Note Purchase Agreement is filed as an exhibit hereto.

Also filed as an exhibit hereto is the Note Purchase and Private Shelf Agreement reported in Registrant's Report on Form 8-K filed on December 30, 2008.

Item 9.01 Financial Statements and Exhibits

(d)         Exhibits

            10.155                    Form of Note Purchase and Private
                                      Shelf Agreement dated as of December
                                      23, 2008 by and between Registrant
                                      and various institutional note
                                      purchasers with respect to
                                      Registrant's $100 million principal
                                      amount 9.05% Series A Senior Notes
                                      due December 23, 2015 and up to $50
                                      Million Private Shelf Facility.

            10.156                    Guaranty Agreement dated December 23, 2008
                                      with respect to the Note Purchase
                                      Agreements  (see Exhibit  10.155 above) by
                                      Tiffany and Company,  Tiffany & Co.
                                      International and Tiffany & Co. Japan Inc.
                                      in favor of each of the note purchasers.

            10.157                    Form  of  Note  Purchase  Agreement  dated
                                      as of February 12, 2009 by  and  between
                                      Registrant and certain  subsidiaries
                                      of  Berkshire  Hathaway  Inc.  with
                                      respect  to Registrant's  $125 million
                                      principal amount 10% Series A-2009 Senior
                                      Notes due February 13, 2017 and $125
                                      million principal amount 10% Series B-2009
                                      Senior Notes due February 13, 2019.

            10.158                    Guaranty Agreement dated February 12, 2009
                                      with respect to the Note Purchase
                                      Agreements (see Exhibit 10.157 above) by
                                      Tiffany and Company, Tiffany & Co.
                                      International and Tiffany & Co. Japan Inc.
                                      in favor of each of the note purchasers.