Kennedy Wilson has made a first issue from its £2bn EMTN programme.
The company has launched €300m (£213m) 3.25% coupon notes with an expiry of 2025.
The senior unsecured notes will be issued with a minimum denomination of €100,000 and will be rated BBB in accordance with KWE’s credit rating.
This is the second bond issuance by the company, following the £300m of June 2022 senior bonds.
Morgan Stanley is the book runner and underwriter. JP Morgan Cazenove, Bank of America Merrill Lynch and Deutsche Bank are co-lead managers.
