Kennedy-Wilson’s $600 Million Notes Offering

Davis Polk advised BofA Securities, as representative of the several underwriters on the offering.

Kennedy-Wilson, Inc. executed the offering of $600 million aggregate principal amount of 4.750% senior notes due 2030. The notes are guaranteed on a senior unsecured basis by Kennedy-Wilson Holdings, Inc., the parent company of Kennedy-Wilson, Inc., and certain of Kennedy-Wilson, Inc.’s domestic subsidiaries.

Kennedy-Wilson is a leading global real estate investment company. It owns, operates and invests in real estate through its balance sheet and through its investment management platform. Kennedy-Wilson focuses on multifamily and office properties located in the Western United States, United Kingdom and Ireland.

The Davis Polk capital markets team included partner John G. Crowley (Picture) and counsel Jennifer Ying Lan. Counsel Loyti Cheng and associate Cristina Harshman provided environmental advice. Partner Michael Farber and associate Tyler Scheiner provided tax advice.

Involved fees earner: Loyti Cheng – Davis Polk & Wardwell; John Crowley – Davis Polk & Wardwell; Michael Farber – Davis Polk & Wardwell; Cristina Harshman – Davis Polk & Wardwell; Tyler Scheiner – Davis Polk & Wardwell; Jennifer Ying Lan – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: Bank of America Securities;

Author: Martina Bellini