Company: KW
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001408100-25-000147
Chunk: 201

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 201
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 credit platform relating to a loan that paid off that will be distributed to partners in the third quarter 2025.   

    Net cash used in financing activities totaled $151.9 million for the six months ended June 30, 2024. We drew $100.0 million on our revolving line of credit. Kennedy Wilson received proceeds of $97.6 million from mortgage loans to refinance consolidated property loans. These proceeds were offset by the repayment of $167.9 million of mortgage debt primarily related to proceeds from the 90 East building sale. During the six months ended June 30, 2024, we paid common dividends of $67.2 

71

million and preferred dividends of $21.8 million and we repurchased $14.8 million of our common stock under our share repurchase plan.

Contractual Obligations and Commercial Commitments

    At June 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)$2,398.4 $93.0 $1,119.3 $411.2 $774.9 Senior notes(3) (4)1,800.0 — — 1,200.0 600.0 Credit Facility(4)102.4 — 102.4 — — KWE Unsecured bonds(4) (5)353.0 353.0 — — — Total borrowings4,653.8 446.0 1,221.7 1,611.2 1,374.9 Operating leases11.8 0.7 3.5 3.4 4.2 Ground leases(8)28.9 0.1 0.4 0.4 28.0 Total contractual cash obligations(7)$4,694.5 $446.8 $1,225.6 $1,615.0 $1,407.1 

(1)   Figures do not include scheduled interest payments. Assuming each debt obligation is held until maturity, we estimate that we will make