Icahn Enterprises (IEP) has shared an announcement.
Carl Icahn and his affiliates renegotiated their multi-year loan with bank lenders, extending the term until July 9, 2027, with adjusted covenants and payment schedules, including a $453 million principal payment upon the amendment and ongoing quarterly payments. Icahn also increased the collateral pledged for the loan, including additional Icahn Enterprises L.P. units and interests in private investment funds, although Icahn Enterprises L.P. and its subsidiaries are not involved in this loan agreement.
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