Kennedy-Wilson Holdings, Inc. (KW) Form 8-K — May 29, 2026
Kennedy-Wilson Holdings, Inc. (KW) has completed the issuance of $1.8 billion in aggregate principal amount of senior notes, consisting of $1.1 billion of 7.000% notes due 2031 and $700 million of 7.250% notes due 2033. The notes were sold to qualified institutional buyers and persons outside the United States pursuant to Rule 144A and Regulation S. The gross proceeds from the offering have been deposited into an escrow account pending the consummation of a merger with Kona Bidco, LLC, an entity affiliated with a consortium led by KW CEO William McMorrow and Fairfax Financial Holdings Limited.
Key figures
- Debt Amount
- 1800000000
- Interest Rate
- 7.000% (2031 Notes), 7.250% (2033 Notes)
- Maturity Date
- June 1, 2031 (2031 Notes), June 1, 2033 (2033 Notes)
- Notes 2031 amount
- 1100000000
- Notes 2033 amount
- 700000000
- Escrow release deadline
- November 16, 2026
- Existing notes 2029 rate
- 4.750%
- Existing notes 2030 rate
- 4.750%
- Existing notes 2031 rate
- 5.000%
Price after filing
Close on the filing date to close N calendar days later (from $11.03). Historical, not a forecast.
AI analysis
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