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KKR Real Estate Finance Trust nets $99.1M in common stock offering

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KKR Real Estate Finance Trust nets $99.1M in common stock offering

KKR Real Estate Finance Trust closed its underwritten public offering of 5.0 million common shares for about $99.1 million in net proceeds.

The company plans to use the proceeds to acquire target assets and for general corporate purposes.

Citigroup, J.P. Morgan and Wells Fargo Securities were the underwriters for the offering.