KKR Real Estate Finance Trust Inc. Files Material Definitive Agreement

TL;DR

KKR REIT signed a big deal on 9/8/25. Details TBD.

AI Summary

On September 8, 2025, KKR Real Estate Finance Trust Inc. entered into a material definitive agreement. The filing does not provide specific details about the agreement, its terms, or any involved parties beyond the registrant.

Why It Matters

This filing indicates a significant new contract or deal for KKR Real Estate Finance Trust Inc., which could impact its financial operations and future business strategies.

Risk Assessment

Risk Level: medium — The lack of specific details in the filing regarding the material definitive agreement introduces uncertainty about its potential impact on the company.

Key Players & Entities

• KKR Real Estate Finance Trust Inc. (company) — Registrant
• September 8, 2025 (date) — Date of earliest event reported
• 30 Hudson Yards, Suite 7500, New York, New York 10001 (address) — Principal executive offices

FAQ

Key Financial Figures

• $0.01 — ch registered Common stock, par value $0.01 per share KREF New York Stock Excha
• $101,375,000 — t) in the aggregate principal amount of $101,375,000, increasing the total amount of term lo
• $650,000,000 — g under the Amended Credit Agreement to $650,000,000, (ii) reduce the rate at which the term
• $660,000,000 — mendment increases the commitments from $660,000,000 to $700,000,000. Other material terms,
• $700,000,000 — es the commitments from $660,000,000 to $700,000,000. Other material terms, provisions, and

Filing Documents

• ef20055475_8k.htm (8-K) — 33KB
• 0001140361-25-034698.txt ( ) — 199KB
• kref-20250908.xsd (EX-101.SCH) — 4KB
• kref-20250908_def.xml (EX-101.DEF) — 17KB
• kref-20250908_lab.xml (EX-101.LAB) — 26KB
• kref-20250908_pre.xml (EX-101.PRE) — 19KB
• ef20055475_8k_htm.xml (XML) — 6KB

01

Item 1.01 Entry into a Material Definitive Agreement. Amendment to Senior Secured Credit Facility On September 8, 2025, KREF Holdings X LLC (" KREF X "), a wholly owned subsidiary of KKR Real Estate Finance Trust Inc. (the " Company "), and certain specified subsidiaries of the Company entered into Amendment No. 1 (the " Amendment ") to the Term Loan Credit Agreement, dated as of March 5, 2025, among KREF X, as borrower, KKR Real Estate Finance Holdings L.P. (" Opco "), certain specified subsidiaries of the Company, Goldman Sachs Bank USA (" Goldman Sachs "), as administrative agent, and the lenders party thereto from time to time (the " Credit Agreement " and as amended by the Amendment, the " Amended Credit Agreement "). The Credit Agreement was amended by the Amendment to, among other things, (i) incur 2025 Incremental Term Loans (as defined in the Amended Credit Agreement) in the aggregate principal amount of $101,375,000, increasing the total amount of term loans outstanding under the Amended Credit Agreement to $650,000,000, (ii) reduce the rate at which the term loans bear interest by 0.75% to Term SOFR plus 2.50% and (iii) reset the 101% soft call for six months. The original issue price of newly funded term loans including the 2025 Incremental Term Loans was 99.75%. Other material terms, provisions, and conditions of the Credit Agreement remain unchanged. Certain lenders under the Amended Credit Agreement and/or their affiliates may have other business relationships with the Company involving the provision of financial and banking-related services, including cash management, loans, letters of credit and bank guarantee facilities, investment banking and trust services. Amendment to Revolving Credit Agreement On September 10, 2025, KREF X entered into the Eleventh Amendment (the " Eleventh Amendment ") to the Credit Agreement, dated December 20, 2018, by and among KREF X, Opco, certain subsidiary guarantors of Opco party thereto and Morgan Stanley

View Full Filing

View this 8-K filing on SEC EDGAR