Kennedy WilsonEurope Real Estate announced a draw-down under its euro medium-termnote program, with anissuance of €150 million aggregate principal amount of senior unsecured notes.

The notes will be issued at a yield of 3.039% and will matureNov. 12, 2025.

The company, which is 20.27%-owned by Kennedy-Wilson Holdings Inc., said the notes will be consolidatedand form a single series with the €400 million 3.25% notes due 2025 that it issuedin November 2015.

The notes are expected to be listed on the official list of theLondon Stock Exchange and admitted to trading on its regulated market on or aboutthe closing date, which is anticipated to be on or around April 19.