BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Feb. 7, 2012--
Kennedy-Wilson, Inc. (“Kennedy Wilson”), a wholly owned subsidiary of
international real estate investment and services firm Kennedy-Wilson
Holdings, Inc. (NYSE: KW), announced today that it has completed
its registered exchange offer to exchange up to $250 million aggregate
principal amount of its 8.750% Senior Notes due 2019, which have been
registered under the Securities Act of 1933, as amended (the “Exchange
Notes”), for any and all of its outstanding 8.750% Senior Notes due
2019, which were issued in a private placement (the “Private Notes”).
All of the $250 million aggregate principal amount of the Private Notes
were tendered and received prior to expiration of the exchange offer at
5:00 p.m., EST, on February 6, 2012.
This news release shall not constitute an offer to sell or exchange any
securities or a solicitation of an offer to buy or exchange any
securities. The exchange offer was made only by means of a written
prospectus dated December 30, 2011.
About Kennedy Wilson
Founded in 1977, Kennedy Wilson is an international real estate
investment and services company headquartered in Beverly Hills, CA with
23 offices in the U.S., Europe and Japan. The company offers a
comprehensive array of real estate services including auction,
conventional sales, property services and investment management. Through
its fund management and separate account businesses, Kennedy Wilson is a
strategic investor of real estate investments in the U.S., Europe and
Japan. For further information on Kennedy Wilson, please visit www.kennedywilson.com.
Source: Kennedy-Wilson, Inc.
Kennedy Wilson
Christina Cha, Director of Corporate Communication
(310)
887-6294
[email protected]
www.kennedywilson.com