secwatch.observer — SEC 8-K summary
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Issuer:     KKR Real Estate Finance Trust Inc. (KREF)
CIK:        0001631596
Form:       8-K
Filed at:   2025-03-05T23:59:59+00:00
Accession:  0001140361-25-007223
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

KREF enters $550M term loan credit agreement, extends revolver to 2030
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- New $550M term loan facility matures March 5, 2032; replaces existing $350M term loan.
- Proceeds to repay existing term loan, other indebtedness, and for general corporate purposes.
- Tenth amendment to revolving credit agreement extends maturity to March 5, 2030 and increases commitments from $610M to $660M.
- Interest at Term SOFR + 3.25% or base rate + 2.25%; covenants unchanged.
- Goldman Sachs serves as administrative agent; financial covenants unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1631596/000114036125007223/0001140361-25-007223-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1631596/000114036125007223/ef20044971_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-007223

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