NEW YORK, Jan. 21, 2014 (GLOBE NEWSWIRE) -- Icahn Enterprises L.P. ("Icahn Enterprises") (Nasdaq:IEP), together with Icahn Enterprises Finance Corp., announced today that they have consummated a $3.65 billion senior notes offering the proceeds of which are being used to refinance existing indebtedness at Icahn Enterprises. As a result of the refinancing Icahn Enterprises expects to reduce current interest expense by approximately $354 million over the next four years (approximately $103 million in 2014, $112 million in 2015, $69 million in 2016, $68 million in 2017 and $2 million through January 15, 2018), before taking into account one-time costs of approximately $143 million.
Icahn Enterprises Announces Closing Of $3.65 Billion Senior Notes Offering
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