debt
confidence high
sentiment neutral
materiality 0.60
Icahn Enterprises to offer additional 9.75% notes due 2029 to refinance 2024 notes
ICAHN ENTERPRISES L.P.
- Additional 9.750% Senior Notes due 2029 offered; proceeds with $500M original offering to redeem 4.75% notes due 2024.
- Notes guaranteed by Icahn Enterprises Holdings L.P.; trustee is Wilmington Trust.
- Offering is a private placement to QIBs and non-U.S. persons; no assurance of completion.
- Proceeds used to refinance existing 4.75% Senior Unsecured Notes maturing 2024.