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Prospect News home > News index > List of issuers K > Headlines for Kennedy-Wilson, Inc. > News item
Published on 11/21/2014 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Kennedy-Wilson to redeem all $350 million of 8¾% senior notes due 2019

By Tali Rackner

Norfolk, Va., Nov. 21 – Kennedy-Wilson Holdings, Inc. wholly owned subsidiary Kennedy-Wilson, Inc. plans to redeem all $350 million of its 8¾% senior notes due 2019, according to an 8-K filing with the Securities and Exchange Commission.

The notes will be redeemed at 106.629 plus total accrued interest of $6,890,625 on Dec. 22.

The company will use the proceeds from a new senior note offering plus cash on hand to fund the redemption.

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


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