Kennedy Wilson Europe Real Estate Ltd - London-based real estate investor - To accept GBP130.2 million worth of 3.95% bonds due 2022 under tender offer. Will make a final aggregate payment of GBP133.1 million, comprising the purchase price and the accrued interest payment, which will be funded from current cash and loan proceeds. Following settlement of the tender offer, GBP369.8 million worth of the bonds will remain outstanding.
Current stock price: 104.69 pence
By Tapan Panchal; tapanpanchal@alliancenews.com
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