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Icahn Enterprises Plans To Offer $500 Mln Of Senior Notes

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Icahn Enterprises L.P. (IEP) together with Icahn Enterprises Finance Corp., said on Monday that it intends to begin a private offering of $500 million of senior unsecured notes due 2030.

The net proceeds from the offering will be used to partially redeem the 6.375 percent senior unsecured notes due 2025.

The notes will be issued under an indenture by and among the issuers, Icahn Enterprises Holdings L.P., as guarantor, and Wilmington Trust, National Association, as trustee, and will be guaranteed by the Guarantor, the company said in a statement.

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