Icahn Enterprises L.P. announced its intention to offer an additional $500,000,000 in aggregate principal amount of 10.000% Senior Secured Notes due 2029. This offering will be conducted in a private placement not registered under the Securities Act of 1933. The Notes will be issued under the indenture dated November 20, 2024, and will be guaranteed by Icahn Enterprises Holdings L.P. The proceeds from this offering will be used, along with cash on hand, to partially redeem the existing 6.250% Senior Notes due 2026. This development follows the initial announcement of the existing $500,000,000 aggregate principal amount of 10.000% Senior Secured Notes due 2029 on November 20, 2024.
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