other material
confidence high
sentiment neutral
materiality 0.45
KKR Real Estate Finance to issue up to 6.26M shares of Series A Preferred Stock at $25.13
KKR Real Estate Finance Trust Inc.
- Offering comprises 5.06M shares initially plus 1.2M additional shares filed separately, all at $25.13/share including accrued dividends.
- Expected to close January 13, 2022; proceeds used for general corporate purposes.
- Underwriting agreements with Raymond James & Associates; shares fully fungible with existing Series A Preferred Stock.
- Offering is a re-opening of the previously issued Series A Preferred Stock series.