Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
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.
For a thorough assessment of IEP stock, go to TipRanks’ Stock Analysis page.