KKR Real Estate Finance Trust (KREF) Announces Proposed 6M Share Offering

Go back to KKR Real Estate Finance Trust (KREF) Announces Proposed 6M Share Offering

KKR Real Estate Finance Trust Inc. Announces Public Offering of Common Stock

March 2, 2022 4:06 PM EST

NEW YORK--(BUSINESS WIRE)-- KKR Real Estate Finance Trust Inc. (KREF) (NYSE: KREF) today announced that it has agreed to issue and sell in an underwritten public offering 6,000,000 shares of its common stock. The underwriters have been granted a 30-day option to purchase an additional 900,000 shares. KREF intends to use the net proceeds from the offering to acquire its target assets in a manner consistent with its investment strategies and investment guidelines and for general corporate purposes.

Morgan Stanley, Wells Fargo Securities, Goldman Sachs & Co. LLC, Raymond James, Barclays, Citigroup, Deutsche Bank... More