Kennedy-Wilson redeems €300,000,000 euro notes
Kennedy-Wilson Holdings, Inc. reported that its wholly owned subsidiary, Kennedy Wilson Europe Real Estate Limited, has completed the previously announced full redemption of its 3.25% euro-denominated Notes due November 2025.
Rhea-AI Filing Summary
Kennedy-Wilson Holdings, Inc. reported that its wholly owned subsidiary, Kennedy Wilson Europe Real Estate Limited, has completed the previously announced full redemption of its 3.25% euro-denominated Notes due November 2025. The outstanding Notes were redeemed at the Optional Redemption Amount, equal to the principal amount of €300,000,000, plus accrued interest of €8,681,520 up to but excluding the redemption date.
The company funded the redemption using proceeds from its previously announced asset sale program, existing liquidity, and borrowings under its corporate revolving credit facility. Following this transaction, none of these Notes remain outstanding.
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8-K Event Classification
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What debt did Kennedy-Wilson Holdings, Inc. (KW) redeem?
How much principal did Kennedy-Wilson (KW) repay in this note redemption?
How much accrued interest was paid in addition to principal?
How did Kennedy-Wilson (KW) fund the redemption of the euro-denominated Notes?
Do any of the 3.25% euro-denominated Notes due November 2025 remain outstanding?
Which subsidiary of Kennedy-Wilson carried out the note redemption?
AI-generated analysis. How Rhea-AI works. Not financial advice.