The Firm represented Carl Icahn and certain of his affiliates in connection with a term loan agreement with certain bank lenders, which amends and restates more than $3 billion of previous loan agreements with the lenders and consolidates all borrowings of Mr. Icahn. The debt consolidation transaction closed on July 10, 2023.
The transaction has been heavily reported in the press, including Reuters, Financial Times, and the Wall Street Journal (paywall), which first reported the transaction.