On September 11, 2026, KKR Private Equity Conglomerate LLC and its certain indirect subsidiaries entered into an Amended and Restated Revolving Credit Agreement with Sumitomo Mitsui Banking Corporation as joint lead arranger and administrative agent, KKR Capital Markets LLC as joint lead arranger, and the lenders party thereto.
The agreement amends a revolving credit facility originally dated December 23, 2024. Under the new terms, the total credit available to the Borrowers was increased by $100 million to an aggregate principal amount of $1.325 billion. Additionally, the uncommitted accordion feature was increased by $1.0 billion, allowing the Borrowers to increase the commitment to up to $2.5 billion in the aggregate.
The interest rate margin for Term Rate Loans, Daily SOFR Loans, and Base Rate Loans was reduced by 50 basis points. The agreement includes a new tiered pricing structure where the margin will increase by 50 basis points if the Loan-to-Value (LTV) is equal to or greater than 27.50%, and by 200 basis points during the existence of certain Events of Default.
The maturity date of the Credit Agreement was extended from December 23, 2027, to September 11, 2029, unless terminated earlier or accelerated following an event of default. Except for the changes described above, the material terms of the original agreement remain unchanged.
