Icahn Enterprises L P - Unit

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Debt Financing / Related, Bankruptcy / Related

Icahn Enterprises Says Auto Plus Determined To File A Voluntary Chapter 11 Case On January 31, 2023

Published: 02/01/2023 04:27 GMT
(IEP) - Icahn Enterprises Lp Issues Statement Regarding Auto Plus.
On January 31, 2023, Auto Plus Determined to File a Voluntary Chapter 11 Case.
This Proceeding is Limited to Auto Plus and Will Not Have a Significant Impact on Iep.
Auto Plus Expects to Continue to Operate Its Business in Ordinary Course.
Auto Plus Plans to Run a Sale Process for Substantially All of Its Assets During Chapter 11 Case.
Icahn Enterprises - Co Has Decided Would No Longer Be Prudent to Continue to Loan Money to Auto Plus Unless in Connection With a Restructuring Process.