---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-069656"
form_type: "8-K"
ticker: "KRP"
cik: "0001657788"
company_name: "Kimbell Royalty Partners, LP"
filed_at: "2022-06-09T23:59:59+00:00"
generated_at: "2026-06-25T03:11:44.261495+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Kimbell Royalty Partners upsizes credit facility to $300M, switches to SOFR

## Summary
- Amended credit agreement increases aggregate elected commitments and borrowing base from $275M to $300M.
- Transitioned benchmark rate from LIBOR to Term SOFR plus credit spread adjustment (10-25 bps depending on tenor).
- Amendment effective June 7, 2022; all outstanding LIBOR loans deemed converted to 3-month SOFR loans.
- Borrowing base redetermination set at $300M with no default or event of default continuing.

## SEC filing metadata
- accession: 0001104659-22-069656
- form_type: 8-K
- ticker: KRP
- cik: 0001657788
- company_name: Kimbell Royalty Partners, LP
- filed_at: 2022-06-09T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1657788/000110465922069656/0001104659-22-069656-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1657788/000110465922069656/tm2218062d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-069656
- JSON: https://secwatch.observer/filing/0001104659-22-069656.json
- Plain text: https://secwatch.observer/filing/0001104659-22-069656.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.