Billionaire investor Warren Buffett benefited from leveraged loans unloaded by Goldman Sachs Group Inc. (GS) traders, the Wall Street Journal reported, citing people familiar with the matter.

Goldman sold about $85 million in loans made to newspaper publisher Lee Enterprises Inc. at about 65 cents on the dollar; the bank sustained a loss of $13 million after it had originally paid 80 cents, the WSJ said.

They were acquired by a unit of Buffett’s Berkshire Hathaway Inc. (A), which has so far made a profit because the loans are now worth 82 cents to the dollar, the newspaper reported.

To contact the editor responsible for this story: Chris Peterson at cpeterson@bloomberg.net