debt
confidence high
sentiment neutral
materiality 0.55
Icahn Enterprises closes $500M 10% senior secured notes offering due 2029
ICAHN ENTERPRISES L.P.
- Issued $500M aggregate principal amount of 10.000% Senior Secured Notes due 2029.
- Net proceeds ~$495M used to partially redeem existing 6.250% Senior Notes due 2026 on Dec 16, 2024.
- Notes secured by substantially all assets of Issuers and Guarantor, with equal ratable lien for existing notes.
- Interest payable semi-annually on May 15 and Nov 15, starting May 15, 2025.