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Icahn unties personal loans from his investment firm's share price, shares jumps

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Icahn unties personal loans from his investment firm's share price, shares jumps
Sverige Senaste nytt,Sverige Rubriker

Billionaire activist investor Carl Icahn has amended the terms of his personal loans to separate them from the price of Icahn Enterprises' depositary units, the investment firm disclosed in a filing on Monday.

, which amends and restates previous loan agreements with such lenders and consolidates all of Icahn's borrowings, the filing said.

Icahn will repay a principal of $500 million on or before Sept. 1, eight quarterly principal payments of $87.5 million beginning a year after that, and a final principal payment of $2.5 billion at the end of the term.

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Sverige Senaste nytt, Sverige Rubriker

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