What's Carl Icahn Got Up His Sleeve for 2010?

Updated

Billionaire Carl Icahn seems to be expecting something big in 2010. The former corporate raider today announced plans to sell $2 billion in new senior bonds, the first sale by his Ichan Enterprises LP (IEP) since 2005. Proceeds of the offering by Icahn Enterprises and Icahn Enterprises Finance Corp. will refinance two issues of 7.125% notes due in February 2013 and 8.125% debt due in June 2012, the New York–based company says.

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