secwatch.observer — SEC 8-K summary
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Issuer:     ICAHN ENTERPRISES L.P. (IEP)
CIK:        0000813762
Form:       8-K
Filed at:   2023-12-19T23:59:59+00:00
Accession:  0001104659-23-127339
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Icahn Enterprises closes $700M 9.75% senior notes offering; redeems 4.75% notes due 2024
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- Issued $500M Initial Notes and $200M Additional Notes, both 9.750% Senior Notes due 2029, at 100.000% and 100.625% of face, respectively.
- Net proceeds of ~$698M used to redeem all outstanding 4.75% Senior Unsecured Notes due 2024 on or around June 15, 2024.
- New notes are senior unsecured, rank equally with existing senior unsecured debt; interest payable Jan 15 and Jul 15 starting Jul 15, 2024.
- Issuers may redeem notes after Oct 15, 2028 at par, or before with make-whole premium; change of control triggers offer at 101%.
- Registration rights agreement requires exchange offer registration within 365 days; failure may trigger additional interest.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/813762/000110465923127339/0001104659-23-127339-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/813762/000110465923127339/tm2333233d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-127339

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