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Icahn Enterprises LP Announces Commencement of Depositary Unit Offering


Tuesday, 11 Jun 2013 04:35pm EDT 

Icahn Enterprises LP announced a registered public offering of depositary units representing limited partner interests in Icahn Enterprises. Icahn Enterprises intends to grant the underwriters an option for 30 days to purchase additional depositary units. The proceeds from the offering will be used solely to effect the recapitalization of Federal-Mogul, which may include the purchase of Icahn Enterprises' pro rata share of the common stock to be issued by Federal-Mogul pursuant to its rights offering launched June 7, 2013, if consummated, or any other use of capital that results in the proceeds of the offering being used to recapitalize Federal-Mogul. Credit Suisse, UBS Investment Bank and Jefferies are acting as the joint book-running managers for the offering. Citigroup, Keefe, Bruyette & Woods, KeyBanc Capital Markets, Oppenheimer & Co. and Wunderlich Securities are acting as the co-managers for the offering. 

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89.81
-1.79 -1.95%
27 Mar 2015