KKR Real Estate Finance Trust Investor Presentation Deck
Rate Floors Provide Earnings Benefit in a Declining Rate Environment
• 99.9% of the portfolio is indexed to one-month USD LIBOR
• Portfolio benefits from current low rate environment given in place LIBOR floors
✓
98% of the portfolio is subject to a LIBOR floor of at least 0.95%
✓✓
9% of total outstanding financing including the Secured Term Loan is subject to a LIBOR floor greater than 0.0%
✓ Portfolio weighted average floor of 1.86%
Net Interest Income Per Share Sensitivity to LIBOR(¹)
$0.04
$0.02
$0.00
-$0.02
-$0.04
-$0.06
-$0.08
-$0.10
-$0.12
-$0.14
-$0.16
($ Impact Per Share / Q)
$0.02
LIBOR = 0.00%
(1) Portfolio as of September 30, 2020.
31
LIBOR as of
9/30/2020
0.15%
$0.00
0.25%
-$0.02
LIBOR
0.50%
-$0.06
0.75%
- $0.10
1.00%
-$0.14
KKR
REAL ESTATE
FINANCE TRUSTView entire presentation