Pershing Square Holdings starts investor calls for dollar, euro notes

By Cristal Cody

Chicago, Sept. 23 – Pershing Square Holdings, Ltd. is starting to hold investor calls for its upcoming offering of dollar- and euro-denominated notes, according to a market source.

Investor calls start on Thursday.

The notes are being offered via Rule 144A and Regulation S.

Citigroup, Deutsche Bank, Jefferies and UBS are handling the sale.

As previously reported, proceeds from the notes and cash on hand will be used to fund a tender offer.

Any proceeds not used for the tender offer will be used for general corporate purposes, including to make investments or to hold assets in accordance with Pershing Square’s investment policy.

Based in London, Pershing Square is an investment holding company structured as a closed-end fund.

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