Fitch: Pershing Square Holdings' 'BBB+' Ratings Not Yet Impacted by Valeant Decline

(The following statement was released by the rating agency) NEW YORK, March 25 (Fitch) Fitch Ratings does not yet see pressure on Pershing Square Holdings, Ltd.'s (PSH) 'BBB+' Issuer Default Rating (IDR), senior unsecured debt rating or Stable Outlook, despite the asset value declines experienced over the last several months, capped off by the recent and precipitous drop in PSH's investment in Valeant Pharmaceuticals International, Inc. (Valeant). Ratings remain supported by very low level











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