Press release from GlobeNewswire (a Nasdaq OMX company)
Icahn Enterprises Announces Commencement of Depositary Unit Offering
Tuesday, June 11, 2013
Icahn Enterprises Announces Commencement of Depositary Unit Offering13:35 EDT Tuesday, June 11, 2013
NEW YORK, June 11, 2013 (GLOBE NEWSWIRE) -- Icahn Enterprises L.P. ("Icahn Enterprises") (Nasdaq:IEP) today 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.
The offering is being made pursuant to Icahn Enterprises' effective shelf registration statement. The offering will be made only by means of a prospectus supplement and the accompanying prospectus, copies of which may be obtained from:
Credit Suisse Securities (USA) LLC
Attn: Prospectus Department
One Madison Avenue
New York, New York 10010
Tel: +1 (800) 221-1037
UBS Securities LLC
Attention: Prospectus Department
299 Park Avenue, New York, New York 10171
Telephone: (888) 827-7275
Attn: Equity Syndicate Prospectus Department
520 Madison Avenue, 12th Floor
New York, New York 10022
Tel: +1 (877) 547-6340
You may also get these documents for free by visiting the Securities and Exchange Commission's website at www.sec.gov.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Icahn Enterprises L.P.
Icahn Enterprises L.P. (Nasdaq:IEP), a master limited partnership, is a diversified holding company engaged in nine primary business segments: Investment, Automotive, Energy, Gaming, Railcar, Food Packaging, Metals, Real Estate and Home Fashion.
CONTACT: Investor Contact: SungHwan Cho Chief Financial Officer (212) 702-4300