May 14, 2020 / 10:19 AM / 23 days ago

BRIEF-Kennedy Wilson, Fairfax Launch $2 Bln Real Estate Debt Platform

May 14 (Reuters) - Fairfax Financial Holdings Ltd:

* KENNEDY WILSON AND FAIRFAX LAUNCH NEW $2 BILLION REAL ESTATE DEBT PLATFORM

* KENNEDY-WILSON - PLATFORM WILL PURSUE FIRST MORTGAGE LOANS SECURED BY HIGH-QUALITY REAL ESTATE IN WESTERN U.S., IRELAND AND U.K.

* KENNEDY-WILSON - EXPECTS TO COINVEST ALONGSIDE FAIRFAX WITH AVERAGE OWNERSHIP OF 20% IN INVESTMENTS, WHICH WILL BE MADE WITHOUT LEVERAGE Source text for Eikon: Further company coverage:

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