Fri 05/19/2023 07:00 AM
Relevant Documents:2022 10-K1Q2023 10-QIEP Notes Covenant Analysis
Icahn Enterprises LP, or IEP, has largely funded dividends and payments to noteholders through at-the-market offerings. Over the 12 months ended March 31, IEP burned $57 million in cash from operations and investments. Over the same period it paid out $225 million in unit distributions with an additional $70 million in cash distributions paid to unitholders in April. Since Dec. 31, 2020 the company has generated $62 million...
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