KKR FS Income Trust
06/03/2026 | Press release | Distributed by Public on 06/03/2026 08:12
Material Agreement, Financial Obligation (Form 8-K)
| Item 1.01. | Entry into a Material Definitive Agreement |
On May 28, 2026, KKR FS Income Trust (the "Company"), together with the subsidiary guarantors party thereto, entered into a Third Amendment to Senior Secured Revolving Credit Agreement (the "Third Amendment") to the Senior Secured Revolving Credit Agreement, dated as of July 19, 2023 (as previously amended by that certain First Amendment to Senior Secured Revolving Credit Agreement, dated as of January 26, 2024, and that certain Second Amendment to Senior Secured Revolving Credit Agreement, dated as of March 17, 2026, the "Credit Agreement"), by and among the Company, as borrower, the subsidiary guarantors party thereto, the lenders and issuing banks from time to time party thereto, and Sumitomo Mitsui Banking Corporation, as administrative agent and collateral agent.
The Third Amendment provides for, among other things, (i) an increase in the applicable margin (a) from 1.125% to 1.25% per annum, with respect to ABR loans, and (b) from 2.125% to 2.25% per annum, with respect to term benchmark loans and RFR loans; (ii) the removal of a 0.10% credit adjustment spread with respect to borrowings in US dollars; (iii) an extension of the commitment termination date from July 19, 2027 to May 28, 2030; (iv) an extension of the maturity date from July 19, 2028 to May 28, 2031; (v) an increase of the accordion provision to permit increases to the total facility amount to an amount of up to $1,200,000,000; (vi) an increase in the aggregate revolving commitments under the Credit Agreement from $570,000,000 to $750,000,000; and (vii) a reset of the minimum shareholders' equity test.
The foregoing description is only a summary of the material provisions of the Third Amendment and is qualified in its entirety by reference to a copy of the Third Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated by reference herein.
| Item 2.03. | Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant |
The information set forth under Item 1.01 of this current report on Form 8-K is hereby incorporated in this Item 2.03 by reference.
KKR FS Income Trust published this content on June 03, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on June 03, 2026 at 14:13 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]