Kennedy-Wilson Holdings Inc. unit Kennedy Wilson Inc. is offering an additional $250 million of its 5.875% senior notes due 2024.
The additional notes will be treated as a single series with the unit's previously issued $900 million of notes due 2024.
Kennedy Wilson intends to use the proceeds from the offering to pay down the entire amount drawn on its revolving credit facility and a portion of the amount outstanding under its term loan facility.
