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Icahn Enterprises L.P. Announces Closing of $550 Million Senior Notes Offering
NEW YORK, Jan. 09, 2020 (GLOBE NEWSWIRE) -- Icahn Enterprises L.P. (NASDAQ: IEP) – Icahn Enterprises L.P. (“Icahn Enterprises”) announced today that it,
About this update from Icahn Enterprises L.p.
[{"type":"text","content":"NEW YORK, Jan. 09, 2020 (GLOBE NEWSWIRE) -- 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 tack-on offering of $300,000,000 aggregate principal amount of additional 4.750% Senior Notes due 2024 (the “2024 Notes”) and $250,000,000 aggregate principal amount of additional 5.250% Senior Notes due 2027 (the “2027 Notes” and, together with the 2024 Notes, 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 2024 Notes were issued under an indenture dated as of September 6, 2019 and the 2027 Notes were issued under an indenture dated as of December 12, 2019, in each case, 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 proceeds from the Notes Offering will be used for general limited partnership purposes, including the redemption of the Issuers’ existing 5.875% senior unsecured notes due 2022.\n The Notes and related guarantees were made only (1) in the United States to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act and (2) outside the United States to persons other than “U.S. persons” in compliance with Regulation S under the Securities Act. The Notes and related guarantees have not been registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act. This press release shall not constitute an offer to sell or a solicitation of an offer to buy any securities of the Issuers. About Icahn Enterprises L.P. Icahn Enterprises L.P. (NASDAQ: IEP), a master limited partnership, is a diversified holding company engaged in seven primary business segments: Investment, Energy, Automotive, Food Packaging, Metals, Real Estate and Home Fashion. Caution Concerning Forward-Looking Statements This release contain...