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  "documentTitle": "Pershing Square Holdings Portfolio (multi-position) (PSH)",
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  "authorName": "Pershing Square Holdings",
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  "presentationDate": "2021-02-18 00:00:00",
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  "notes": "The chart highlights specific debt issuance events (dates, amounts, and terms) as callouts against the ratio trend line.",
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      "text": "In periods of market and/or portfolio volatility, PSH has continuously maintained conservative leverage levels and investment grade ratings",
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      "text": "11/2/20: Issued $500mm of 3.250%, 10-Year Unsecured Bonds Due 2030",
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      "text": "8/26/20: Private placement of $200mm of 3.000%, 12-Year Unsecured Bonds Due 2032 with Guggenheim Partners",
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      "text": "7/25/19: Private placement of $400mm of 4.950%, 20-Year Unsecured Bonds Due 2039 with Guggenheim Partners",
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      "text": "6/26/15: Issued $1,000mm of 5.500%, 7-Year Unsecured Bonds Due 2022",
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      "text": "Total Debt to Total Assets Ratio: 17.7%",
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