Fairfax Announces Completion of Kennedy Wilson Take-Private Transaction (opens original article in a new tab)

Fairfax Financial completed the take-private transaction of Kennedy Wilson at $10.90 per share, with a $1.3 billion loan facility and a stand-by guarantee from Fairfax.

• Fairfax Financial completed the acquisition of Kennedy Wilson for $10.90 per share in cash.
• A $1.3 billion term loan was arranged by the Consortium's affiliate for the transaction.
• Fairfax provided a stand-by guarantee for the loan agreement.