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Published on 12/13/2023 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Icahn Enterprises to redeem 4¾% notes due 2024 with new note proceeds

By Mary-Katherine Stinson

Lexington, Ky., Dec. 13 – Icahn Enterprises LP and Icahn Enterprises Finance Corp. plan to use the proceeds of a new 9¾% senior note issue due 2029 plus cash on hand to redeem all of their outstanding 4¾% senior notes due 2024, according to a press release.

The notes offering is expected to close on Dec. 19, subject to customary closing conditions.

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


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