Bill Ackman Launches $1 Billion Bond OfferingMani
Bill Ackman’s Pershing Square Holdings announced on Tuesday that it had raised $1 billion from investors in the bond market for use in the hedge fund’s investment objectives.
This is the first time that the firm has raised money by tapping the debt markets.
Senior notes to carry 5.5% coupon
In its statement, Pershing Square . . .
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