debt
confidence high
sentiment neutral
materiality 0.55
Icahn Enterprises prices $500M of 9.750% senior notes due 2029 to refinance 2024 notes
ICAHN ENTERPRISES L.P.
- $500M aggregate principal amount of 9.750% Senior Notes due 2029 priced.
- Notes offering expected to close December 19, 2023, subject to customary conditions.
- Net proceeds, plus cash on hand, will redeem the existing 4.75% Senior Unsecured Notes due 2024 in full.
- Notes guaranteed by Icahn Enterprises Holdings L.P.; issued in private placement under Rule 144A/Reg S.