Kennedy Wilson launches first senior unsecured £300m bond
Kennedy Wilson Europe has launched a £300m senior unsecured bond in its first ever issue. The seven-year bond, rated BBB by Standard & Poor’s, has an annual fixed coupon 3.95%. The coupon is expected to reduce to around 3.45% upon KWE entering into swap arrangements to convert a portion of the proceeds into euros.
24 June 2015•1 min read
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