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Kennedy Wilson Reveals Expansion Of Its $500M Unsecured Revolving Credit Facility To $550M In Partnership With Group Of 10 Banks

Author: Benzinga Newsdesk | September 13, 2024 06:04am

The new credit facility has a three-year term and two six-month extension options. Loans under the new credit facility bear interest at a rate equal to SOFR plus a spread of 1.75% to 2.75%.

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