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Kennedy-Wilson Holdings, 7.75% Senior Notes due 12/1/2042
Ticker Symbol: KWN*     CUSIP: 489399303     Exchange: NYSE
Security Type:   Exchange-Traded Debt Security
* NOTE: This security is no longer trading as of 12/01/2017

Security has been Called for:  Friday, December 1, 2017

10|03|2017 -- Kennedy-Wilson, Inc., a wholly owned subsidiary of global real estate investment company Kennedy-Wilson Holdings, Inc. (NYSE: KW), today announced its election to redeem all $55 million in aggregate principal amount of its 7.75% Senior Notes due 2042 at a redemption price equal to 100% of the principal amount. The redemption date will be December 1, 2017, and accrued interest on the Senior Notes through the redemption date will be paid, on the redemption date, to holders of record of the Senior Notes as of the close of business on the immediately preceding November 15, 2017. Holders of the Senior Notes will receive a redemption notice through the Depository Trust Company. The name and address of the paying agent for the Senior Notes is Wilmington Trust, National Association, 50 South Sixth Street, Suite 1290, Minneapolis, MN 55402, Attention: Corporate Capital Markets—Kennedy-Wilson Administrator.

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Kennedy-Wilson Holdings, Inc., 7.75% Senior Notes due 12/1/2042, issued in $25 denominations, redeemable at the issuer's option on or after 12/1/2017 at $25 per note plus accrued and unpaid interest, and maturing 12/1/2042. Interest distributions of 7.75% per annum ($1.9375 per annum or $0.484375 per quarter) will be paid quarterly on 3/1, 6/1, 9/1 & 12/1 to holders of record on the record date that will be 2/15, 5/15, 8/15 & 11/15 respectively (NOTE: the ex-dividend date is at least 2 business days prior to the record date). Distributions paid by these debt securities are interest and as such are NOT eligible for the preferential 15% to 20% tax rate on dividends and are also NOT eligible for the dividend received deduction for corporate holders. Units are expected to trade flat, which means accrued interest will be reflected in the trading price and the purchasers will not pay and the sellers will not receive any accrued and unpaid interest. The Notes are unsecured and unsubordinated obligations of the company and will rank equally with all existing and future unsecured and unsubordinated indebtedness of the company. See the IPO prospectus for further information on the debt securities by clicking on the ‘Link to IPO Prospectus’ provided below.
Stock
Exchange
Cpn Rate
Ann Amt
LiqPref
CallPrice
Call Date
Matur Date
Moodys/S&P
Dated
Distribution Dates 15%
Tax Rate
NYSE
Chart
7.75%
$1.9375
$25.00
$25.00
Called for
12/01/2017

12/01/2042
B2 BB-
1/22/2016
3/1, 6/1, 9/1 & 12/1
Click for MW ExDiv Date
Click for Yahoo ExDiv Date
No

Go to Parent Company's Record (KW)

IPO - 12/7/2012 - 2.00 Million Notes @ $25.00/note.    Link to IPO Prospectus
Market Value $50.0 Million

Company's Online Information Links
HOME PAGE:     http://www.kennedywilson.com/
Company's Investor Relations Information Go to Investor Relations Information
Company's Online News Releases Go to News Releases
Online Company Profile Go to Online Profile

Company's Online SEC EDGAR Filings
Company's SEC EDGAR Filings Go to SEC Filings

Company's Email Address Links
Email Address ccha@kennedywilson.com
Email Request Form on Website Go to Email Form

Address and Phone Numbers
Address:   151 S El Camino Drive Beverly Hills, CA 90212
Main Phone Number 310-887-6400
Fax Number 310-887-3410
Corporate Communications   Christina Cha 310-887-6294
Toll Free Phone Number Unknown
CEO - William J. McMorrow CFO - Justin Enbody

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