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Published on 1/19/2022 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Icahn Enterprises to redeem $500 million 6¼% notes due 2024

By Wendy Van Sickle

Columbus, Ohio, Jan. 19 – Icahn Enterprises LP and Icahn Enterprises Finance Corp. plan to redeem all of their outstanding $500 million of 6¼% senior notes due 2024 on Feb. 18, according to an 8-K filing with the Securities and Exchange Commission.

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

The redemption will be funded using cash on hand.

Wilmington Trust, NA is the trustee.

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


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