Kennedy Wilson Completes €284 Million of Refinancings in Dublin, Ireland
The €284 million in refinancings extended the weighted average term to maturity to 5.1 years and lowered the weighted average cost of the floating rate debt while releasing €54 million of equity.
“We continue to focus on increasing our cash flows and these accretive refinancings deliver a lower average cost of borrowing while enabling us to re-deploy equity into growing our NOI further,” said Mary Ricks, President and CEO of Kennedy Wilson Europe.
The refinancings included four offices: 40-42 Mespil Road,
About Kennedy Wilson
Kennedy Wilson (NYSE:KW) is a global real estate investment company. We own, operate, and invest in real estate both on our own and through our investment management platform. We focus on multifamily and commercial properties located in the
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Source: Kennedy Wilson