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Published on 11/11/2022 in the Prospect News Bank Loan Daily.

Kennedy Wilson draws on revolver to fund discounted tender offer

Chicago, Nov. 11 – Kennedy Wilson Europe Real Estate Ltd. said it will draw down on its revolver to fund the recently ended tender offer for its 3.25% notes due 2025, according to a press release.

The company is paying €61.5 million, with interest, for €75 million of the notes.

The company is a subsidiary of Kennedy Wilson Holdings Inc., a global real estate investment company based in Beverly Hills, Calif.


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