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Home Finance Kennedy Wilson Announces $300 Million Perpetual Preferred Equity Investment From Fairfax Financial
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Kennedy Wilson Announces $300 Million Perpetual Preferred Equity Investment From Fairfax Financial

February 25, 20222 Mins read652
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Kennedy Wilson, Fairfax Financial, JP Morgan
Courtesy of Damir Spanic on Unsplash
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BEVERLY HILLS, Calif.— Fairfax Financial Holdings Limited, through its affiliates (collectively, “Fairfax”), has agreed to make a $300 million strategic preferred equity investment in global real estate investment company Kennedy Wilson (NYSE:KW). Kennedy Wilson expects to use the proceeds to fund its development pipeline and real estate investments, as well as pay off its unsecured bank […]

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