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KKR Real Estate Finance Trust (KREF) Announces 5M Share Public Offering of Common Stock

Go back to KKR Real Estate Finance Trust (KREF) Announces 5M Share Public Offering of Common Stock

KKR Real Estate Finance Trust (KREF) Prices 5M Share Offering at $22/sh

October 28, 2021 5:20 AM EDT

KKR Real Estate Finance Trust Inc. (NYSE: KREF) today announced the pricing of an underwritten public offering of 5,000,000 shares of its common stock. The underwriters have been granted a 30-day option by KREF to purchase an additional 750,000 shares. Total estimated gross proceeds of the offering are approximately $110.0 million or $126.5 million if the underwriters exercise their option to purchase additional shares in full. The offering is expected to close on November 1, 2021 and is subject to... More