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Prospect News home > News index > List of issuers K > Headlines for Kennedy Wilson Europe Real Estate Ltd. > News item
Published on 8/10/2021 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Kennedy-Wilson to redeem 3.95% senior bonds due 2022 on Sept. 10

By Marisa Wong

Los Angeles, Aug. 10 – Kennedy-Wilson Holdings, Inc. wholly owned subsidiary Kennedy-Wilson Europe Real Estate Ltd. issued a notice of early redemption for its sterling-denominated 3.95% senior bonds due 2022 (ISIN: XS1117292554).

The company will redeem the bonds in full on Sept. 10 at a make-whole price.

The make-whole redemption price will be announced on Sept. 8.

As of Aug. 10, there is £219.81 million principal amount outstanding.

The redemption will be funded with proceeds from an offering of new notes due 2030 by Kennedy-Wilson Holdings and cash on hand.

Kennedy-Wilson Holdings is a subsidiary of Kennedy-Wilson Inc., a Beverly Hills, Calif.-based real estate company.


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