KKR Real Estate Finance (KREF) expands 6.50% Series A preferred stock issue.

KKR Real Estate Finance Trust Inc. (KREF) announced today that it has priced an additional 4.4 million shares of its 6.50% Series A Cumulative Preferred Stock.  This offering is a re-opening of KREF's previous issuance of 6.9 million shares of Series A Preferred stock, bringing the total issue size to 11.3 million shares or $282.5 million in liquidation value.

KKR Real Estate Finance is a $5.5 billion real estate finance company that focuses primarily on originating and acquiring senior loans secured by commercial real estate properties. KREF is externally managed and advised by an affiliate of KKR & Co. Inc.