Icahn Enterprises LP

NASDAQ:IEPUnited States

Nov 13, 2024

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• Icahn Enterprises Prices $500 Million Private Debt Offering, from 5:48PM ET on Wednesday Nov 13, 2024 by MT Newswires

  5:48PM ET on Wednesday Nov 13, 2024 by MT Newswires
  Companies Mentioned: IEP
  05:48 PM EST, 11/13/2024 (MT Newswires) -- Icahn Enterprises (IEP) said late Wednesday it priced a $500 million private placement of 10% senior secured notes due 2029. The company expects the offering to close Nov. 20, with the net proceeds to go to...

• Icahn Enterprises L.P. Announces Pricing of Senior Notes, from 5:29PM ET on Wednesday Nov 13, 2024 by Dow Jones

  5:29PM ET on Wednesday Nov 13, 2024 by Dow Jones
  Companies Mentioned: IEP
  
  Icahn Enterprises L.P. Announces Pricing of Senior Notes
  
  PR Newswire
  
  SUNNY ISLES BEACH, Fla., Nov. 13, 2024
  
  SUNNY ISLES BEACH, Fla., Nov. 13, 2024 /PRNewswire/ -- Icahn Enterprises L.P. (NASDAQ: IEP) -- Icahn Enterprises L.P. ("Icahn Enterprises") announced today that it, together with Icahn Enterprises Finance Corp. (together with Icahn Enterprises, the "Issuers"), priced their offering of $500,000,000 aggregate principal amount of 10.000% Senior Secured Notes due 2029 (the "Notes") in a private placement not registered under the Securities Act of 1933, as amended (the "Securities Act") (such offering, the "Notes Offering"). The Notes Offering is expected to close on November 20, 2024, subject to customary closing conditions. The Notes will be issued under an indenture by and among the Issuers, Icahn Enterprises Holdings L.P., as guarantor (the "Guarantor"), and Wilmington Trust, National Association, as trustee and collateral agent, and will be guaranteed by the Guarantor. The Notes will be secured by substantially all of the assets directly owned by the Issuers and the Guarantor, subject to customary exceptions. The net proceeds from the Notes Offering will be used to partially redeem the Issuers' existing 6.250% Senior Notes due 2026 (the "2026 Notes"). It is expected that, concurrently with the consummation of the Notes Offering, the Issuers will grant a lien in favor of the holders of the Issuers' 2026 Notes, 5.250% Senior Notes due 2027, 4.375% Senior Notes due 2029, 9.750% Senior Notes due 2029 and 9.000% Senior Notes due 2030 (collectively, the "Existing Notes") such that the Existing Notes are secured equally and ratably with the Notes upon the issuance thereof. There can be no assurance that the issuance and sale of any debt securities will be consummated.
  

• Icahn Enterprises to Launch $500 Million Senior Notes Offering, from 9:45AM ET on Wednesday Nov 13, 2024 by MT Newswires

  9:45AM ET on Wednesday Nov 13, 2024 by MT Newswires
  Companies Mentioned: IEP
  09:45 AM EST, 11/13/2024 (MT Newswires) -- Icahn Enterprises (IEP) said Wednesday that it plans to launch a private offering of $500 million of senior secured notes due 2029. Net proceeds from the offering, along with cash on hand, will be used to p...

• Icahn Enterprises L.P. Intends to Offer New Senior Notes, from 9:05AM ET on Wednesday Nov 13, 2024 by Dow Jones

  9:05AM ET on Wednesday Nov 13, 2024 by Dow Jones
  Companies Mentioned: IEP
  
  Icahn Enterprises L.P. Intends to Offer New Senior Notes
  
  PR Newswire
  
  SUNNY ISLES BEACH, Fla., Nov. 13, 2024
  
  SUNNY ISLES BEACH, Fla., Nov. 13, 2024 /PRNewswire/ -- Icahn Enterprises L.P. (NASDAQ: IEP) -- Icahn Enterprises L.P. ("Icahn Enterprises") announced today that it, together with Icahn Enterprises Finance Corp. (together with Icahn Enterprises, the "Issuers"), intends to commence an offering of $500,000,000 aggregate principal amount of Senior Secured Notes due 2029 (the "Notes") for issuance in a private placement not registered under the Securities Act of 1933, as amended (the "Securities Act"). The Notes will be issued under an indenture by and among the Issuers, Icahn Enterprises Holdings L.P., as guarantor (the "Guarantor"), and Wilmington Trust, National Association, as trustee and collateral agent, and will be guaranteed by the Guarantor. The Notes will be secured by substantially all of the assets directly owned by the Issuers and the Guarantor, subject to customary exceptions. The net proceeds from the offering will be used, together with cash on hand, to partially redeem the Issuers' existing 6.250% Senior Notes due 2026 (the "2026 Notes"). It is expected that, concurrently with the consummation of the Notes Offering, the Issuers will grant a lien in favor of the holders of the Issuers' 2026 Notes, 5.250% Senior Notes due 2027, 4.375% Senior Notes due 2029, 9.750% Senior Notes due 2029 and 9.000% Senior Notes due 2030 (collectively, the "Existing Notes") such that the Existing Notes are secured equally and ratably with the Notes upon the issuance thereof. There can be no assurance that the issuance and sale of any debt securities of the Issuers will be consummated.
  

• DJ Carl Icahn Needs a Credibility Boost. Here's Where to Start. -- Heard on the Street -- WSJ, from 7:00AM ET on Wednesday Nov 13, 2024 by Dow Jones

  7:00AM ET on Wednesday Nov 13, 2024 by Dow Jones
  Companies Mentioned: IEP
  
  By Jonathan Weil
  
  Carl Icahn's eponymous investment vehicle needs a credibility boost. An easy place to start would be the way it values a company that makes casings for processed meats such as hot dogs and sausages.