We advised the initial purchasers on the high-yield notes offering

Davis Polk advised the representative of the several initial purchasers in connection with a Rule 144A / Regulation S offering of $300 million aggregate principal amount of 7.250% senior notes due 2033 by Kennedy-Wilson, Inc., a wholly owned subsidiary of Kennedy-Wilson Holdings, Inc. The notes are guaranteed on a senior unsecured basis by Kennedy-Wilson Holdings and certain of Kennedy-Wilson, Inc.’s domestic subsidiaries. The notes are a reopening of the $700 million aggregate principal amount of 7.250% senior notes due 2033 previously issued by Kennedy-Wilson, Inc.

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. The company focuses on multifamily and office properties located in the United States, the United Kingdom and Ireland.

The Davis Polk capital markets team included partner Pedro J. Bermeo and associates Kanger Jin, Jared A. Bivens, Roshak Momtahen and Ryan (Yudu) Zang. Counsel Dustin Plotnick and associates Georgianna Eck and Peyton Williams provided tax advice. All members of the Davis Polk team are based in the New York office.

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