Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
KKR Real Estate Finance Trust Inc. incurred term loan of $550,000,000 with Goldman Sachs Bank USA and other lenders at Term SOFR plus 3.25% or base rate plus 2.25% maturing March 5, 2032.
- Instrument
- term loan
- Principal
- $550,000,000
- Counterparty
- Goldman Sachs Bank USA and other lenders
- Rate
- Term SOFR plus 3.25% or base rate plus 2.25%
- Maturity
- March 5, 2032
- Event
- incurrence
Exact text from the filing
On March 5, 2025 (the “ Closing Date ”), KREF Holdings X LLC (“ KREF X ”), a wholly owned subsidiary of KKR Real Estate Finance Trust Inc. (the “ Company ”) , as borrower, entered into a new Term Loan Credit Agreement with Goldman Sachs Bank USA (“ Goldman Sachs ”) as Administrative Agent in an amount of $550,000,000 (the “ New Term Loan Credit Agreement ”).
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Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
KKR Real Estate Finance Trust Inc. amended revolving credit of $660,000,000 with Morgan Stanley Senior Funding, Inc. at Unchanged from prior agreement maturing March 5, 2030.
- Instrument
- revolving credit
- Principal
- $660,000,000
- Counterparty
- Morgan Stanley Senior Funding, Inc.
- Rate
- Unchanged from prior agreement
- Maturity
- March 5, 2030
- Event
- amendment
Exact text from the filing
On the Closing Date, KREF X entered into the Tenth Amendment (the “ Tenth Amendment ”) to the Credit Agreement, dated December 20, 2018, by and among KREF X, KKR Real Estate Finance Holdings L.P. (“ Opco ”), certain subsidiary guarantors of Opco party thereto and Morgan Stanley Senior Funding, Inc., as the administrative agent (as amended, restated, supplemented or otherwise modified from time to time, the “ Credit Agreement ”). The Tenth Amendment extends the maturity of the Credit Agreement to March 5, 2030 and increases the commitments from $610,000,000 to $660,000,000.
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