Kennedy Wilson Europe Real Estate Ltd (“KWE”), a wholly-owned subsidiary of Kennedy-Wilson Holding, Inc., has Euro-denominated unsecured bonds trading on the London Stock Exchange.
We maintain prudent hedging policies against interest rates and foreign exchange exposure. A significant proportion of our borrowings are fixed in nature or hedged by way of interest rate caps. Euro assets are hedged through a combination of Euro-denominated borrowings and derivatives.
KWE has a credit rating of BB from Standard and Poor’s. We maintain a conservative financial profile which targets strong liquidity, a staggered debt maturity and a balanced capital structure of low-cost secured and unsecured borrowings.
Debt mix June 2025
Note: The Company announced a full redemption of its remaining KWE bonds, to be completed on October 3, 2025
|
| Term to maturity |
Average cost of debt |
|
| 1.31 years |
4.58% |
|