Icahn Enterprises (NASDAQ: IEP) moves to redeem 6.250% 2026 notes

Rhea-AI Filing Summary

Icahn Enterprises L.P. reported that it has initiated the process to fully redeem its outstanding 6.250% Senior Notes due 2026. On January 27, 2026, the company instructed the trustee to send a formal redemption notice to noteholders.

The company intends to redeem all remaining notes on February 26, 2026 at 100.000% of principal, plus accrued and unpaid interest up to, but not including, the redemption date, using cash on hand. After completion, no 2026 Notes would remain outstanding, although the company cautions there can be no assurances the redemption will occur.

Insights

Credit & capital structure analyst

Icahn Enterprises moves to retire 6.250% 2026 notes at par.

Icahn Enterprises plans to redeem all outstanding 6.250% Senior Notes due 2026 on February 26, 2026 at 100.000% of principal plus accrued interest, funded from cash on hand. This would eliminate that specific debt tranche.

Using internal cash rather than new borrowing suggests a straightforward payoff rather than refinancing, based on the excerpt. Actual impact on leverage, liquidity, and interest expense depends on the size of these notes, which is not detailed here.

The company notes there can be no assurances the redemption will occur, so investors will need future company communications or filings to confirm whether the redemption is completed as described.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 27, 2026

Icahn Enterprises L.P.

(Exact name of Registrant as Specified in Its Charter)

Delaware			1-9516	13-3398766
(State or Other Jurisdiction of Incorporation)			(Commission File Number)	(IRS Employer Identification No.)
16690 Collins Ave, PH-1
Sunny Isles Beach, Florida				33160
(Address of Principal Executive Offices)				(Zip Code)

Registrant’s Telephone Number, Including Area Code: 305 422-4100

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Depositary Units of Icahn Enterprises L.P. Representing Limited Partner Interests		IEP		Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events.

On January 27, 2026, Icahn Enterprises L.P. (“Icahn Enterprises”) and Icahn Enterprises Finance Corp. (together with Icahn Enterprises, the “Company”) caused Wilmington Trust, National Association, as trustee (the “Trustee”) to deliver on the Company’s behalf a notice of full redemption to holders of the Company’s outstanding 6.250% Senior Notes due 2026 (the “2026 Notes”) issued under an indenture, dated as of May 10, 2019, among the Company, Icahn Enterprises Holdings L.P., as guarantor, and the Trustee (the “Indenture”), that the Company will redeem all the outstanding aggregate principal amount of the 2026 Notes on February 26, 2026 (the “Redemption Date”). The redemption price will be equal to 100.000% of the principal amount of the remaining 2026 Notes, plus accrued and unpaid interest thereon to, but not including, the Redemption Date. Upon the redemption by the Company of the 2026 Notes, none of the 2026 Notes will remain outstanding. The Company expects to use cash on hand to pay the redemption price for the 2026 Notes.

This Current Report on Form 8-K does not constitute a notice of redemption of the 2026 Notes. There can be no assurances that the redemption will occur.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			ICAHN ENTERPRISES L.P. (Registrant) By: Icahn Enterprises G.P. Inc.,        its general partner
Date:	January 27, 2026	By:	/s/ Ted Papapostolou
			Ted Papapostolou Chief Financial Officer

FAQ

What did Icahn Enterprises (IEP) announce regarding its 6.250% Senior Notes due 2026?

Icahn Enterprises announced it has initiated a full redemption of its 6.250% Senior Notes due 2026. The company caused the trustee to send a redemption notice, signaling its intent to retire all outstanding notes, subject to the redemption actually occurring as described.

What is the planned redemption date for Icahn Enterprises’ 2026 Notes?

The planned redemption date for the 6.250% Senior Notes due 2026 is February 26, 2026. On that date, the company expects to redeem all remaining notes at par plus accrued and unpaid interest, assuming the redemption is completed as outlined in the notice.

At what price will Icahn Enterprises redeem its 6.250% Senior Notes due 2026?

The 6.250% Senior Notes due 2026 are expected to be redeemed at 100.000% of their principal amount. Holders would also receive accrued and unpaid interest up to, but not including, the February 26, 2026 redemption date, according to the company’s disclosure.

How does Icahn Enterprises plan to fund the redemption of the 2026 Notes?

Icahn Enterprises expects to use cash on hand to fund the redemption of the 6.250% Senior Notes due 2026. This indicates the company plans to pay off the notes directly rather than relying on a separate financing transaction in the information provided.

Will any 6.250% Senior Notes due 2026 remain outstanding after redemption?

If the transaction is completed as described, none of the 6.250% Senior Notes due 2026 will remain outstanding. The company states it intends to redeem all outstanding aggregate principal, fully retiring this debt issue upon completion of the planned redemption.

Is the redemption of Icahn Enterprises’ 2026 Notes guaranteed to occur?

The redemption is not guaranteed to occur. Icahn Enterprises explicitly notes there can be no assurances that the redemption will occur, even though the trustee has been instructed to deliver a notice of full redemption to holders of the 2026 Notes.