KKR Real Estate Finance Trust Investor Presentation Deck
Focused on Growing Non-MTM Financing Capacity
Creating a diversified liability structure built on non-mark-to-market financing has been a top priority
$ in Millions
$1,595
3Q'21
$52
4Q'21
$1,283
1Q'22
Summary of Non-MTM Financing Growth
Since June 30, 2021
$540
Over $4 billion of Non-MTM
Financing Capacity added since
the beginning of Q3 2021
2Q'22
$641
3Q'22 & Subsequent
$4,111
$1,350
$491
$275
$52
$1,943
Term Lending
Agreements
Asset Specific
Financings
Corporate Revolver
Secured Term Loan
Collateralized Loan
Obligations
Total Added Since
Beginning of 3Q'21 (1)(2)(3)
Bespoke
Liabilities
Public Markets
Liabilities
(1) In 3Q'21, KREF entered into a new $500.0M term lending agreement. The agreement was upsized by $250.0M in 10'22 and again by $250.0M in 3Q'22
(2) In 10'22 and 20'22, KREF increased the borrowing capacity on the corporate revolving credit facility by $185.0M and $90.0M, respectively, to $610.0M and extended the maturity by 5 years to March 2027
(3) In 4Q'21, KREF completed repricing of $297.8M existing secured term loan and a $52.2M add-on, for an aggregate principal amount of $350.0M at December 31, 2021, which was issued at par
KREF
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