Pershing Square launches notes offering via two bookrunners

By Aleesia Forni

Virginia Beach, June 22 – Pershing Square Holdings, Ltd. announced the launch of its senior notes offering due 2022 in a company press release.

Deutsche Bank Securities Inc. and UBS Securities LLC are managing the sale, which will be done via Rule 144A and Regulation S.

Further details were unavailable at press time.

The net proceeds from the offering will be used to make investments or hold assets in accordance with the company’s investment policy, including by way of rebalancing transactions with other funds managed by Pershing Square Capital Management LP, as well as to fund operating expenses.

The investment company is based in New York.

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