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Pershing Square Holdings, Ltd. Closing of $1 Billion Senior Notes Offering

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AMSTERDAM--(BUSINESS WIRE)--Pershing Square Holdings, Ltd. (ticker: PSH:NA) (“PSH”) announced today the closing of $1 billion Senior Notes due 2022 at a coupon of 5.500% per annum (the “Notes”). The net proceeds from the offering of the Notes are expected to be used to make investments or hold assets in accordance with PSH’s investment policy, including by way of rebalancing transactions with other funds managed by Pershing Square Capital Management, L.P., as well as to fund operating expenses.

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