Icahn Enterprises Intends to Offer $350M of New Senior Debt
Icahn Enterprises L.P. (NASDAQ: IEP) announced today that it, together with Icahn Enterprises Finance Corp., intends to commence a tack-on offering of an additional $350 million aggregate principal amount of its 8% Senior Notes due 2018 for issuance in a private placement not registered under the Securities Act of 1933, as amended.
The proceeds from the offering will be used for general corporate purposes. There can be no assurance that the issuance and sale of any debt securities will be consummated.
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.