May 17, 2016 / 4:55 PM / 3 years ago

BRIEF-S&P says Icahn Enterprises LP downgraded to 'BB+' on declining investment values, higher leverage

May 17 (Reuters) - S&P -

* Icahn Enterprises L.P. Downgraded to ‘bb+’ on declining investment values and higher leverage

* Stable outlook reflects expectations that IEP will sustain loan-to-value ratio between 45%-60% over the next 12 months

* Stable outlook reflects expectations that IEP will sustain a cash flow adequacy ratio of above 0.7x over next 12 months Source text (bit.ly/27w2R6H) (Bengaluru Newsroom: +1 646 223 8780)

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