{
  "docId": "019de514-9a5c-769f-9f28-fc4f8b8242c1",
  "docSlug": "93e5cecab1fdc48d01e8d61d01bae777",
  "documentTitle": "KKR Real Estate Finance Trust | Investor Presentation Deck | 42 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": "2022-11-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 27,
  "pageCount": 42,
  "prevPage": 26,
  "nextPage": 28,
  "slideType": "other",
  "function": "present_framework",
  "density": "overcrowded",
  "nDataPoints": 30,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de514-9a5c-769f-9f28-fc4f8b8242c1/27",
  "deckHref": "/decks/019de514-9a5c-769f-9f28-fc4f8b8242c1",
  "deckJsonHref": "/decks/019de514-9a5c-769f-9f28-fc4f8b8242c1.json",
  "deckAnchorHref": "/decks/019de514-9a5c-769f-9f28-fc4f8b8242c1#slide-27",
  "components": [
    {
      "bbox": {
        "h": 0.29,
        "w": 0.22,
        "x": 0.67,
        "y": 0.18
      },
      "kind": "chart",
      "text": "Leverage Ratios\n1.9x Debt-to-Equity Ratio (3)\n3.6x Total Leverage Ratio (4)",
      "attrs": {},
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c4330ae0-732f-46fc-bd93-b963e7df5f79",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.33,
        "w": 0.3,
        "x": 0.64,
        "y": 0.49
      },
      "kind": "chart",
      "text": "Outstanding Secured Financing (5)\nAsset specific financing 2%\nTerm Credit Facilities 24%\nCollateralized Loan Obligations 32%\nSenior Loan Interests 4%\nSecured Term Loan 6%\nTerm Loan Facility 10%\nTerm Lending Agreements 22%\nNon-Mark-to-Market 76%",
      "attrs": {},
      "subkind": "pie",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "bb135ebf-de57-4283-9169-c56edf18ab75",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.08,
        "x": 0.055,
        "y": 0.94
      },
      "kind": "image",
      "text": "KREF",
      "attrs": {},
      "subkind": "logo",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c6a496d8-77f2-4219-b498-2bddc2f28405",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.669,
        "x": 0.055,
        "y": 0.13
      },
      "kind": "paragraph",
      "text": "Diversified financing sources totaling $9.0 billion with $3.0 billion of undrawn capacity",
      "attrs": {},
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "87107764-ce18-46c1-b6e8-b4e50f9b7e6d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.87,
        "x": 0.055,
        "y": 0.84
      },
      "kind": "source-note",
      "text": "(1) Weighted average coupon expressed as spread over the relevant floating benchmark rates, which include one-month LIBOR and Term SOFR, as applicable to each financing\n(2) Term credit facilities are marked to credit only and not subject to capital markets mark-to-market provisions\n(3) Represents (i) total outstanding debt agreements (excluding non-recourse facilities), secured term loan and convertible notes, less cash to (ii) total permanent equity, in each case, at period end\n(4) Represents (i) total outstanding debt agreements, secured term loan, convertible notes, and collateralized loan obligation, less cash to (ii) total permanent equity, in each case, at period end\n(5) Based on outstanding face amount of secured financing, including non-consolidated senior interests, which result from non-recourse sales of senior loan interest in loans KREF originated, and excludes convertible notes and the corporate revolving credit facility",
      "attrs": {},
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "10f01d2b-5929-49df-8452-f6d234bfb214",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.62,
        "w": 0.58,
        "x": 0.055,
        "y": 0.18
      },
      "kind": "table",
      "text": "Summary of Outstanding Financing\n($ in Millions)\nMaximum Capacity\nOutstanding Face Amount\nWeighted Avg. Coupon (1)\nAdvance Rate\nNon-MTM\nTerm Credit Facilities $1,840 $1,423 +1.7% 70.8% (2)\nTerm Lending Agreements $1,917 $1,343 +1.7% 78.2%\nWarehouse Facility $500 $0 n/a n/a\nAsset Specific Financing $666 $138 +2.7% 81.4%\nSecured Term Loan $347 $347 +3.5%\nConvertible Notes $144 $144 6.1%\nCorporate Revolving Credit Facility $610 $0 n/a n/a\nTotal Debt $6,024 $3,395\nTerm Loan Facility $1,000 $584 +1.8% 81.1%\nCollateralized Loan Obligations $1,943 $1,943 +1.5% 84.5%\nTotal Leverage $8,967 $5,922",
      "attrs": {},
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8c57c7ab-c672-46e8-a212-afca2b1d26d8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.74,
        "x": 0.055,
        "y": 0.08
      },
      "kind": "title",
      "text": "Financing Overview: 76% Non-Mark-To-Market",
      "attrs": {},
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "691457c7-460d-4a28-aa48-631eaac350dc",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "2x2 matrix",
      "slug": "matrix-2x2",
      "agent": null,
      "layer": "slide",
      "matchId": "9b7aee6c-4ac3-402b-836d-ac1c8d1a4ed2",
      "evidence": "chart/pie: Outstanding Secured Financing (5)",
      "confidence": 0.7
    }
  ],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}