Steven Delaney

Donald Fandetti

Jason Sabshon

Richard Shane

Jade Rahmani

John Nickodemus

Rick Shane

Stephen Laws

William Catherwood

Thomas Catherwood

- KKR Real Estate Finance Trust Inc. (KREF) **repriced and upsized** its outstanding Term Loan B.  **[1631596_fc59a6d127c547eb8f1675995603d46b_0]** 
- The new aggregate principal amount of the loan is **$650 million**, with a maturity date in **2032**.  **[1631596_fc59a6d127c547eb8f1675995603d46b_0]** 
- The loan was repriced **tighter by 75 basis points**, reducing the coupon to **SOFR plus 250 basis points**.  **[1631596_fc59a6d127c547eb8f1675995603d46b_0]** 
- KREF intends to use the net incremental proceeds to **repay other indebtedness** and for **general corporate purposes**.  **[1631596_fc59a6d127c547eb8f1675995603d46b_0]**

KREF Announces Repricing and Upsizing of Term Loan B

- KKR Real Estate Finance Trust (KREF) **repriced and upsized** its Term Loan B to an aggregate principal amount of **$650 million** due in **2032**.  **[1631596_2819f1ef20b4494c8c16149d63c7a881_0]** 
- The loan's coupon was reduced by **75 basis points** to **SOFR plus 250 basis points**, aiming to lower KREF's cost of capital.  **[1631596_2819f1ef20b4494c8c16149d63c7a881_0]** 
- KREF obtained over **$100 million** in incremental proceeds, which it intends to use for repaying other indebtedness and for general corporate purposes.  **[1631596_2819f1ef20b4494c8c16149d63c7a881_0]**

KREF Reprices and Upsizes Senior Secured Term Loan B