Icahn Enterprises offers $500 million notes due 2024 via Jefferies

By Cristal Cody

Tupelo, Miss., Sept. 3 – Icahn Enterprises LP and Icahn Enterprises Finance Corp. plan to price a $500 million Rule 144A and Regulation S private placement offering of senior notes due 2024 (Ba3/BB+) on Tuesday, according to a market source and a news release.

Jefferies LLC is the bookrunner.

The issue is callable at par three months prior to maturity.

The notes are guaranteed by Icahn Enterprises Holdings LP.

Proceeds will be used for general limited partnership purposes.

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

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