Attached files
| file | filename |
|---|---|
| 8-K - CURRENT REPORT - ICAHN ENTERPRISES L.P. | v170368_8k.htm |
| EX-99.2 - SUMMARY CONSOLIDATED HISTORICAL AND PRO FORMA FINANCIAL DATA - ICAHN ENTERPRISES L.P. | v170368_ex99-2.htm |
| EX-99.4 - PRESS RELEASE - ICAHN ENTERPRISES L.P. | v170368_ex99-4.htm |
| EX-99.3 - CAPITALIZATION - ICAHN ENTERPRISES L.P. | v170368_ex99-3.htm |
Exhibit
99.1
Investor
Contact:
Dominick
Ragone
Chief
Financial Officer
(646)
861-7500
For
Release: December 30, 2009
Icahn
Enterprises L.P. Intends to Offer New Senior Debt
(New
York, New York, December 30, 2009) – Icahn Enterprises L.P. (NYSE: IEP)
– Icahn Enterprises L.P. announced today that it, together with Icahn
Enterprises Finance Corp., intends to offer $2.0 billion in principal amount of
new senior debt securities for issuance in a private placement not registered
under the Securities Act of 1933, as amended. The proceeds from the
offering will be used to refinance their existing indebtedness consisting of
their 7.125% Senior Notes due 2013 (CUSIP Nos. 029171AD7 and 029171AF2) and
8.125% Senior Notes due 2012 (CUSIP No. 029171AC9), to pay related fees and
expenses and for general corporate purposes. There can be no
assurance that the issuance and sale of any debt securities or the refinancing
of our existing indebtedness will be consummated.
This
press release is being issued pursuant to and in accordance with Rule 135c under
the Securities Act of 1933, as amended. This press release shall not constitute
an offer to sell or a solicitation of an offer to buy any of the debt
securities. Any debt securities may not be offered or sold in the
United States absent registration or an applicable exemption from registration
requirements.
* *
*
Icahn
Enterprises L.P. (NYSE: IEP), a master limited partnership, is a diversified
holding company engaged in five primary business segments: Investment
Management, Automotive, Metals, Real Estate and Home Fashion.
Caution
Concerning Forward-Looking Statements
This
release contains certain “forward-looking statements” within the meaning of the
Private Securities Litigation Reform Act of 1995, many of which are beyond our
ability to control or predict. Forward-looking statements may be
identified by words such as “expects,” “anticipates,” “intends,” “plans,”
“believes,” “seeks,” “estimates,” “will” or words of similar meaning and
include, but are not limited to, statements about the expected future business
and financial performance of Icahn Enterprises L.P. and its
subsidiaries. Among these risks and uncertainties are risks related
to economic downturns, substantial competition and rising operating costs; risks
related to our investment management activities, including the nature of the
investments made by the private funds we manage, losses in the private funds and
loss of key employees; risks related to our automotive activities, including
exposure to adverse conditions in the automotive industry, and risks related to
operations in foreign countries; risks related to our scrap metals activities,
including potential environmental exposure; risks related to our real estate
activities, including the extent of any tenant bankruptcies and insolvencies,
and competition for residential and investment properties; risks related to our
home fashion operations, including changes in the availability and price of raw
materials, and changes in transportation costs and delivery times; and other
risks and uncertainties detailed from time to time in our filings with the
SEC. We undertake no obligation to publicly update or review any
forward-looking information, whether as a result of new information, future
developments or otherwise.