16:34 uur 29-06-2015

Pershing Square Holdings voltooit uitgifte senior obligaties ter waarde van 1 mrd. dollar

Pershing Square Holdings, Ltd. heeft de uitgifte van zijn senior obligaties met een jaarlijkse coupon van 5,5 procent afgerond. De obligaties hebben een totale waarde van 1 miljard dollar en vervallen in 2022.

De netto-opbrengst van de obligaties wordt naar verwachting gebruikt voor nieuwe investeringen of het behoud van activa die overeenkomen met het investeringsbeleid van PSH. Dit laatste gebeurt onder meer door middel van transacties naar andere fondsen onder beheer van Pershing Square Capital Management L.P. Daarnaast wordt de opbrengst gebruikt voor operatiekosten.

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

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.

Important Notice

This announcement does not constitute or form a part of any offer or
solicitation to purchase or subscribe for securities in Australia,
Brazil, Canada, France, Singapore, South Korea, Spain, the United Arab
Emirates and any other jurisdiction where to do so might constitute a
violation or breach of any applicable law or regulation or to any
national, resident or citizen thereof.

The Notes mentioned herein have not been, and will not be, registered
under the U.S. Securities Act of 1933, as amended (the “Securities Act”).

The Notes may not be offered or sold in the United States or to U.S.
persons (as defined in Regulation S under the Securities Act) absent
registration or an applicable exemption from the registration
requirements of the Securities Act.
There will be no public
offering of the Notes in the United States.

PSH has not been and will not be registered under the U.S. Investment
Company Act of 1940, as amended (the “Investment Company Act”), and
investors in the Notes mentioned herein will not be entitled to the
benefits of the Investment Company Act.

PSH is a registered closed-ended investment scheme under the
Protection of Investors (Bailiwick of Guernsey) Law, 1987, as amended
and the Guernsey Registered Collective Investment Schemes Rules 2015,
issued by the Guernsey Financial Services Commission.

In the United Kingdom, this announcement is being distributed to, and
is directed at, only (a) persons who have professional experience in
matters relating to investments who fall within the definition of
“investment professionals” in Article 19(5) of the Financial Services
and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the
“Order”); (b) high net worth companies, and other persons to whom it may
otherwise lawfully be communicated, falling within Article 49(2)(a) to
(d) of the Order; or (c) persons to whom an invitation or inducement to
engage in an investment activity (within the meaning of Section 21 of
the Financial Services and Markets Act 2000) in connection with the
issue or sale of any securities may otherwise lawfully be communicated
or caused to be communicated (all such persons together being referred
to as “relevant persons”).
The Notes are available only to, and
any invitation, offer or agreement to subscribe, purchase or otherwise
acquire such Notes will be available only to or will be engaged in only
with, relevant persons.
Any person who is not a relevant person
should not act or rely on this announcement or any of its contents.
Persons distributing this announcement must satisfy themselves that it
is lawful to do so.

The distribution of this announcement may be restricted by law.
Persons into whose possession this announcement comes should inform
themselves about and observe any such restrictions. Any failure to
comply with these restrictions may constitute a violation of the
securities laws of any such jurisdiction.


Forward-Looking Statements

Nothing in this announcement is, or should be relied on as, a promise
or representation as to the future. This announcement may include
certain forward-looking statements. Such statements are based on various
assumptions and expectations which may or may not prove to be correct.
No representations or warranties are made by any person as to the
accuracy of such statements.

Pershing Square Holdings, Ltd. registered place of business: P.O. Box
650, 1
st Floor, Royal Chambers, St. Julian’s
Avenue, St. Peter Port, Guernsey, GY1 3JX

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