debt
confidence high
sentiment neutral
materiality 0.50
Icahn Enterprises intends to offer new Senior Notes due 2029 to refinance 2024 notes
ICAHN ENTERPRISES L.P.
- Icahn Enterprises announced intention to offer Senior Notes due 2029 in a private placement.
- Net proceeds, together with cash on hand, will redeem existing 4.75% Senior Unsecured Notes due 2024 in full.
- Notes will be guaranteed by Icahn Enterprises Holdings L.P. and issued under indenture with Wilmington Trust.
- Offering is not registered under Securities Act; relies on Rule 144A and Regulation S.
- No assurance that issuance will be consummated.