{"schema_version":"secwatch.filing_event.v1","accession":"0001408100-23-000084","form_type":"8-K","ticker":"KW","cik":"0001408100","company_name":"Kennedy-Wilson Holdings, Inc.","filed_at":"2023-06-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.736767+00:00","generated_at":"2026-06-14T07:15:17.362350+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Kennedy-Wilson issues $200M preferred and warrants to Fairfax Financial","bullets":["Sells 200K shares of 6% Series C Cumulative Perpetual Preferred and 12.34M warrants (strike $16.21) to Fairfax for $200M total.","Proceeds to repay corporate line of credit and for general corporate purposes; closing conditioned on regulatory approvals.","Series C ranks pari passu with existing Series A & B preferred; cumulative 6% quarterly dividend; redeemable at $1,000/share plus accrued.","Warrants exercisable for 7 years via cash, cashless, or extinguishment of preferred shares; transfer restricted without Company consent.","Fairfax agrees to standstill until beneficial ownership <5% of fully diluted common; limit of 19.9% voting power pre-stockholder approval."],"urls":{"canonical":"https://secwatch.observer/filing/0001408100-23-000084","json":"https://secwatch.observer/filing/0001408100-23-000084.json","markdown":"https://secwatch.observer/filing/0001408100-23-000084.md","text":"https://secwatch.observer/filing/0001408100-23-000084.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1408100/000140810023000084/0001408100-23-000084-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1408100/000140810023000084/kw-20230604.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T07:15:17.362350+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d7c9e987df22ed72101cda98e3d86443887dc647","claim":"Kennedy-Wilson Holdings, Inc. entered into 6.00% Series C Cumulative Perpetual Preferred Stock and Warrant Purchase Agreement with Fairfax Financial Holdings Limited valued at $200,000,000 (effective 2023-06-04).","evidence_excerpt":"On June 4, 2023, Kennedy-Wilson Holdings, Inc. (the “Company”) entered into a 6.00% Series C Cumulative Perpetual Preferred Stock and Warrant Purchase Agreement (the “Securities Purchase Agreement”) with Fairfax Financial Holdings Limited, a corporation organized under the laws of Canada (together with its permitted assigns, each, a “Purchaser,” and collectively, the “Purchasers”), pursuant to which the Company agreed to sell to the Purchasers, and the Purchasers agreed to purchase from the Company, subject to customary closing conditions: (i) 200,000 shares (the “Purchased Shares”) of the Company’s to-be-designated 6.00% Series C Cumulative Perpetual Preferred Stock, par value $0.0001 per share (the “Series C Preferred Stock”); and (ii) 12,338,062 warrants (the “Warrants,” and together with the Purchased Shares, the “Purchased Securities”) to purchase shares of the Company’s common stock, par value $0.0001 per share (the “Common Stock”), with an initial exercise price of $16.21 per Wa","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1408100/000140810023000084/0001408100-23-000084-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Fairfax Financial Holdings Limited"},{"label":"Value","value":"$200,000,000"},{"label":"Effective","value":"2023-06-04"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}