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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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