Kkr Real Estate Finance Trust Inc. Announces Pricing Of Public Offering Of Additional Shares Of 6.50% Series A Cumulative Redeemable Preferred Stock
Kkr Real Estate Finance Trust Inc. Announces Pricing Of Public Offering Of Additional Shares Of 6.50% Series A Cumulative Redeemable Preferred Stock
01/06/22, 11:44 PM
Round Type
series a
KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today announced the pricing of a public offering of 4,400,000 additional shares of its 6.50% Series A Cumulative Redeemable Preferred Stock (the “Preferred Stock”) at a public offering price of $25.00 per share (plus accrued dividends from and including December 15, 2021 to, but not including, January 13, 2022). This offering is a re-opening of KREF’s previous issuance of 6,900,000 shares of Preferred Stock. The additional shares of Preferred Stock sold in this offering will form a single series, and be fully fungible, with the outstanding shares of Preferred Stock
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Additional Info
KKR Real Estate Finance Trust Inc. is a real estate finance company that focuses primarily on originating and acquiring senior loans secured by commercial real estate properties. KREF is externally managed and advised by an affiliate of KKR & Co. Inc. For additional information about KREF, please visit its website at www.kkrreit.com.