debt
confidence high
sentiment neutral
materiality 0.60
Icahn Enterprises upsizes notes offering to $200M, prices additional 9.750% senior notes due 2029
ICAHN ENTERPRISES L.P.
- Offering increased by $50M from previously announced $150M; aggregate now $200M principal amount.
- Notes priced at 100.625% of par; expected to close Dec 19, 2023.
- Proceeds, with cash and $500M original offering, to redeem existing 4.75% Senior Unsecured Notes due 2024.
- Guaranteed by Icahn Enterprises Holdings L.P.; issued under indenture with Wilmington Trust.
- Offered via Rule 144A and Regulation S; not registered under Securities Act.