KKR Real Estate Finance Trust’s $115.4 Million Common Stock Offering

Simpson Thacher represented KKR Real Estate Finance Trust Inc. and KKR REFT Holdings L.P. in the offering.

The secondary offering of 5,750,000 shares of KREF’s common stock by the Selling Stockholder included a full exercise of the underwriters’ option to purchase additional shares. The offering raised approximately $115.4 million in gross proceeds, with the Selling Stockholder receiving all of the proceeds from the offering.

KREF is a real estate finance company that focuses primarily on originating and acquiring senior loans secured by commercial real estate assets. KREF is externally managed and advised by KKR Real Estate Finance Manager LLC, a subsidiary of KKR & Co. Inc.

The Simpson Thacher team included Joe Kaufman (Picture), Elise Quinones, Tony Rim, Nicole Fu and David Goodman (Capital Markets); Charles Mathes (Public Company Advisory Practice); Marcy Geller, Sophie Staples and Brian Mendick (Tax); and Ben Wells and Lucie Enns (Registered Asset Management).

Involved fees earner: Lucie Enns – Simpson Thacher & Bartlett; Nicole Yingting Fu – Simpson Thacher & Bartlett; Marcy Geller – Simpson Thacher & Bartlett; David Goodman – Simpson Thacher & Bartlett; Joseph Kaufman – Simpson Thacher & Bartlett; Charles Mathes – Simpson Thacher & Bartlett; Brian Mendick – Simpson Thacher & Bartlett; Elise Quinones – Simpson Thacher & Bartlett; Tony Rim – Simpson Thacher & Bartlett; Sophie Staples – Simpson Thacher & Bartlett; Benjamin Wells – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: KKR Real Estate Finance Trust Inc.;

Author: Martina Bellini