On July 30, 2026, subsidiaries of KKR & Co. Inc. entered into a Fourth Amended and Restated Credit Agreement, establishing a $3.0 billion senior unsecured multicurrency revolving credit facility. The five-year facility, which replaces a previous agreement, is scheduled to mature on July 30, 2031 and will be used for general corporate purposes.
Key Details
- Facility Size & Term: The agreement provides a $3.0 billion revolving credit facility with a five-year term, maturing on July 30, 2031.
- Expansion Option: KKR has the option to request an increase in the facility amount by up to an additional $750 million, subject to lender consent.
- Key Financial Covenants: The agreement requires KKR to maintain a maximum leverage ratio of no greater than 4.0x covenant EBITDA and at least $195 billion in fee-paying assets under management.
- Interest Rate: Borrowing costs are based on either term Secured Overnight Financing Rate (SOFR) or an alternate base rate, with margins tied to the company's corporate credit ratings.