KKR Real Estate Finance Trust (KREF) Prices $125M Offering
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KKR Real Estate Finance Trust Inc. Announces Pricing of Public Offering of Common Stock
March 2, 2022 8:45 PM ESTNEW YORK--(BUSINESS WIRE)-- KKR Real Estate Finance Trust Inc. (KREF) (NYSE: KREF) today announced the pricing of an underwritten public offering of 6,000,000 shares of its common stock. The underwriters have been granted a 30-day option by KREF to purchase an additional 900,000 shares. Total estimated gross proceeds of the offering are approximately $125 million or $143.7 million if the underwriters exercise their option to purchase additional shares in full. The offering is expected to close on March 7, 2022 and is subject to customary closing conditions.
KREF intends to use the net proceeds from the... More
