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IN BRIEF: Pershing Square Holdings Prices USD500 Million Notes

Fri, 30th Oct 2020 06:54

Pershing Square Holdings Ltd - investment holding company focused on North American companies - Prices USD500 million of senior notes due 2030 with coupon of 3.250% per year. Says the net proceeds from the offering of the notes will be used for general corporate purposes and to make investments in Pershing Square Tontine Holdings Ltd, and possibly to make other investments or hold assets in accordance with the company's investment policy.

Current stock price: 2,095.00 pence

Year-to-date change: up 44%

By Greg Roxburgh; gregroxburgh@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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