Company: KW
Filing Date: 2025-05-09
Form Type: 424B3
Source: 0001408100-25-000117
Chunk: 97

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-05-09
Form: 424B3
Chunk 97
---
 loans in the second quarter 2025 as well as a loan that paid off that will be distributed to partners in the second quarter 2025.

Net cash used in financing activities totaled $9.8 million for the three months ended March 31, 2024. We drew $100.0 million on our revolving line of credit. Kennedy Wilson received proceeds of $73.4 million from mortgage loans to refinance consolidated property loans. These proceeds were offset by the repayment of $127.8 million of mortgage debt primarily related to proceeds from the 90 East building sale. During the three months ended March 31, 2024, we paid common dividends of $34.1 million and preferred dividends of $10.9 million and we repurchased $9.1 million of our common stock under our share repurchase plan.

Contractual Obligations and Commercial Commitments

At March 31, 2025, Kennedy Wilson's contractual cash obligations, including debt, operating leases and ground leases, included the following:

| (Dollars in millions)                 
 Contractual Obligations(6)            
 Borrowings:(1) (4)                    |     | Payments Due by Period(9) 
 Total                     |         |     | Less than 1 year |       |     | 1-3 years |         |     | 4-5 years |         |     | After 5 years |         |
|:--------------------------------------|:----|:--------------------------|--------:|:----|:-----------------|------:|:----|:----------|--------:|:----|:----------|--------:|:----|:--------------|--------:|
| Mortgage Debt(2) (4)                  |     | $                         | 2,635.7 |     | $                |  96.8 |     | $         | 1,251.0 |     | $         |   513.0 |     | $             |   774.9 |
| Senior notes(3) (4)                   |     |                           | 1,800.0 |     |                  |     — |     |           |       — |     |           | 1,200.0 |     |               |   600.0 |
| Credit Facility(4)                    |     |                           |   272.7 |     |                  |     — |     |           |   272.7 |     |           |       — |     |