Company: KW
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001408100-25-000179
Chunk: 52

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 2
Chunk 52
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 and sale of two non-core office buildings in Ireland.  During the nine months ended September 30, 2025, we paid common dividends of $51.5 million and preferred dividends of $32.6 million and we repurchased $9.2 million of our common stock under our share repurchase plan.  

    Net cash used in financing activities totaled $237.8 million for the nine months ended September 30, 2024. We drew $100.0 million on our revolving line of credit and repaid $75.0 million on the line of credit. Kennedy Wilson received proceeds of $111.2 million from mortgage loans to refinance consolidated property loans. These proceeds were offset by the repayment of $230.3 million of mortgage debt primarily related to proceeds from the sale of a 90 East building and a retail center in Madrid, Spain as well the repayment of loans that were refinanced as discussed above. During the nine months ended September 30, 2024, we paid common dividends of $83.7 million and preferred dividends of $32.6 million and we repurchased $15.0 million of our common stock under our share repurchase plan.

Contractual Obligations and Commercial Commitments

    At September 30, 2025, Kennedy Wilson's contractual cash obligations, including debt, operating leases and ground leases, included the following:

Payments Due by Period(9)(Dollars in millions)TotalLess than 1 year1-3 years4-5 yearsAfter 5 yearsContractual Obligations(6)Borrowings:(1) (4)Mortgage Debt(2) (4)$2,384.4 $91.8 $1,101.4 $411.3 $779.9 Senior notes(3) (4)1,800.0 — — 1,200.0 600.0 Credit Facility(4)102.2 — 102.2 — — KWE Unsecured bonds(4) (5)352.5 352.5 — — — Total borrowings4,639.1 444.3 1,203.6 1,611.3 1,379.9 Operating leases12.3 0.5 4.0 3.5 4.3 Ground leases(8)6.4 — 0.1 — 6