E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers Tenders > Headlines for 2021 > News item
Published on 2/19/2021 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Icahn Enterprises now eyes March 23 for redemption of 6¼% notes

By Wendy Van Sickle

Columbus, Ohio, Feb. 19 – Icahn Enterprises LP and Icahn Enterprises Finance Corp. now plan to redeem all of their outstanding 6¼% senior notes due 2022 (Cusips: 451102BJ5, U44927AM0) on March 23, according to an 8-K filing with the Securities and Exchange Commission.

The company had previously announced plans to redeem the notes on Feb. 1, but a financing condition was not met by that date.

The redemption price is par plus accrued and unpaid interest up to but excluding the redemption date.

The redemption is conditional on the company receiving at least $455 million of proceeds from upcoming debt transactions.

Icahn Enterprises is a New York-based diversified holding company.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.