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Updates prices, adds confirmation of report

** Shares of Icahn Enterprises LP IEP.O up 14.9% at $33.15, on track for biggest one-day pct gain since May 5 after billionaire activist investor Carl Icahn amended terms of his personal loans to separate them from the price of IEP depositary units

** The move, disclosed by the investment firm in a filing on Monday, follows a short-seller report by Hindenburg Research. The amendment was first reported by the Wall Street Journal

** WSJ said Icahn has agreed to provide additional collateral, which will total roughly $6 bln, including $2 bln of Icahn's own funds, and laid out plan to repay the loans in three years, WSJ reported, citing people familiar with the matter

** Hindenburg had called Icahn's pledge of about 60% of his IEP stake as collateral for margin loans a risky form of financing that could result in margin calls should IEP prices decline

** Shares of IEP closed at $50.42 on May 1, a day before Hindenburg accused it of overvaluing its holdings and operating a "ponzi-like" structure to pay dividends

** Icahn had called the report "self-serving" and vowed to "fight back"

** For the year-to-date IEP shares still down ~34% and on track for biggest annual pct decline since 2008

(Lance Tupper is a Reuters market analyst. The views expressed are his own. Additional reporting by Sinéad Carew)

((lance.tupper@thomsonreuters.com
lance.tupper@tr.com 1-646-279-6380))