Kennedy-Wilson to repay unsecured revolving credit facility via notes

By Tali Rackner

Norfolk, Va., March 19 - Kennedy-Wilson, Inc. plans to repay in full outstanding borrowings under its unsecured revolving credit facility with the proceeds from a senior notes offering, according to a press release.

Proceeds will also be used for general corporate purposes, including future acquisitions and co-investments.

Kennedy-Wilson is a Beverly Hills, Calif.-based real estate investment and services company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.