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LONDON - Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD), a closed-ended investment fund, has launched an offering for euro-denominated senior notes with an intermediate tenor, the company disclosed today. The proceeds from the sale of these notes are slated for general corporate uses, which may include making investments or holding assets in line with the company’s investment policy.
Details on the terms of the notes offering will be shared at a later stage, as laws permit. The announcement emphasized that the offering does not constitute an offer or solicitation in certain jurisdictions where such actions could breach local laws or regulations. Specifically, the notes have not been registered under the U.S. Securities Act of 1933 and will not be offered or sold in the United States without registration or an exemption.
Pershing Square Holdings is not registered under the U.S. Investment Company Act of 1940, so investors in these notes will not be entitled to the protections of that act. The firm operates as a registered closed-ended investment scheme in Guernsey and is subject to the local financial regulatory framework.
The distribution of this announcement and the offering itself are subject to legal restrictions in various jurisdictions, and the company cautions that those who come into possession of the announcement must abide by these restrictions.
The company’s announcement also includes forward-looking statements that are based on assumptions and expectations, which may not prove accurate, and no representations are made as to their accuracy.
This news article is based on a press release statement from Pershing Square Holdings, Ltd., and it is intended for informational purposes only, without any endorsement of the claims.
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