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Kennedy-Wilson to redeem $573.1 million of 5 7/8% notes due 2024
By Taylor Fox
New York, March 1 – Kennedy-Wilson, Inc., wholly owned subsidiary of Kennedy-Wilson Holdings, Inc., plans to redeem the entire outstanding balance of $573.1 million of 5 7/8% senior notes due 2024, according to a news release.
The redemption will be funded using proceeds from its $150 million senior notes offering and cash on hand.
The global real estate investment company is based in Beverly Hills, Calif.
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