Icahn Enterprises L.P. Announces Closing of $750 Million Senior Notes Offering
SUNNY ISLES BEACH, Fla., May 28, 2024 /PRNewswire/ — Icahn Enterprises L.P. (NASDAQ: IEP) – Icahn Enterprises L.P. (“Icahn Enterprises”) announced today that it, together with Icahn Enterprises Finance Corp. (together with Icahn Enterprises, the “Issuers”), consummated their offering of $750,000,000 aggregate principal amount of 9.000% Senior Unsecured Notes due 2030 (the “Notes”) in a private placement not registered under the Securities Act of 1933, as amended (the “Securities Act”) (such offering, the “Notes Offering”). The Notes were issued under an indenture, dated as of the date hereof, by and among the Issuers, Icahn Enterprises Holdings L.P., as guarantor (the “Guarantor”), and Wilmington Trust, National Association, as trustee, and are guaranteed by the Guarantor. The net proceeds from the Notes Offering will be used to redeem the Issuers’ existing 6.375% Senior Unsecured Notes due 2025 (the “2025 Notes”) in full on June 13, 2024.