S&P rates Pershing notes BBB+

S&P said it assigned a BBB+ rating to Pershing Square Holdings Ltd.'s issuance of up to $500 million of senior notes. This offering adds to the $1 billion bond the company issued in June 2015 (maturing in 2022) and to the $600 million raised with Guggenheim in two separate transactions in July 2019 and August.

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