KKR Real Estate amends for $535 million revolver due in 2027

By Wendy Van Sickle

Columbus, Ohio, April 6 – KKR Real Estate Finance Trust Inc. (KREF Holdings X LLC) amended its existing revolving credit agreement dated Dec. 20, 2018 to provide for a secured $535 million revolver that matures on March 16, 2027, according to an 8-K filing with the Securities and Exchange Commission.

Borrowings bear interest at SOFR plus 200 basis points.

Morgan Stanley Senior Funding, Inc. is the administrative agent.

The credit facility amendment was signed on March 31.

KKR Real Estate is a New York-based real estate finance company.

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