{
  "docId": "019de511-3203-74cf-92ba-72c1df6a1745",
  "docSlug": "701101b578e1286a3d3a00c26027ff4a",
  "documentTitle": "KKR Real Estate Finance Trust | Investor Presentation Deck | 40 slides",
  "authorId": "kkr-real-estate-finance-trust",
  "authorName": "KKR Real Estate Finance Trust",
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2021-07-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 30,
  "pageCount": 40,
  "prevPage": 29,
  "nextPage": 31,
  "slideType": "appendix_data",
  "function": "analyze_data",
  "density": "dense",
  "nDataPoints": 7,
  "notes": "The chart shows a negative correlation between LIBOR rate increases and net interest income per share, highlighting the benefit of the current low-rate environment due to in-place floors.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de511-3203-74cf-92ba-72c1df6a1745/30",
  "deckHref": "/decks/019de511-3203-74cf-92ba-72c1df6a1745",
  "deckJsonHref": "/decks/019de511-3203-74cf-92ba-72c1df6a1745.json",
  "deckAnchorHref": "/decks/019de511-3203-74cf-92ba-72c1df6a1745#slide-30",
  "components": [
    {
      "bbox": {
        "h": 0.55,
        "w": 0.86,
        "x": 0.07,
        "y": 0.33
      },
      "kind": "chart",
      "text": "Net Interest Income Per Share Quarterly Sensitivity to LIBOR",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "bc69d88d-41a6-4192-9ca7-4a4b3f0c183e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.2,
        "x": 0.05,
        "y": 0.93
      },
      "kind": "disclaimer",
      "text": "(1) Portfolio as of June 30, 2021.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7084aeb3-ff47-44e9-b16a-a2341e7a40ac",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.9,
        "x": 0.05,
        "y": 0.13
      },
      "kind": "list",
      "text": "99.9% of the loan portfolio is indexed to one-month USD LIBOR\nPortfolio benefits from current low rate environment given in-place LIBOR floors\n57% of the portfolio is subject to a LIBOR floor of at least 1.0%\nPortfolio weighted average LIBOR floor of 1.34%\nOnly 14% of total outstanding financing, including the Secured Term Loan, is subject to a LIBOR floor greater than 0.0%",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9edad77f-7bc2-4af5-b9cd-63a76560088e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.65,
        "x": 0.05,
        "y": 0.07
      },
      "kind": "title",
      "text": "Portfolio Benefits from Attractive in the Money LIBOR Floors",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "23718412-3a27-407b-8b13-ff3a3c44327a",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [],
  "loops": [
    {
      "to": 31,
      "from": 29,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "b99d7c13-d122-4848-acfa-b6ddb19dc826",
      "evidence": "The document presents data on the portfolio's earnings power from LIBOR floors",
      "position": 1,
      "objective": "Benefits of KREF's investment strategy",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.6,
      "description": "Quantify what happens if the audience does nothing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}