---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-124878"
form_type: "8-K"
ticker: "KRP"
cik: "0001657788"
company_name: "Kimbell Royalty Partners, LP"
filed_at: "2023-12-11T23:59:59+00:00"
generated_at: "2026-06-07T14:55:01.293229+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Kimbell Royalty increases credit facility by $150M to $550M total

## Summary
- Borrowing base and aggregate elected commitments raised from $400M to $550M.
- Amendment No. 2 dated Dec 8, 2023; no default after giving effect.
- Scheduled redetermination for Nov 1, 2023 satisfied by this increase.
- Joint lead arrangers list updated; bank commitments reallocated.

## SEC filing metadata
- accession: 0001104659-23-124878
- form_type: 8-K
- ticker: KRP
- cik: 0001657788
- company_name: Kimbell Royalty Partners, LP
- filed_at: 2023-12-11T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1657788/000110465923124878/0001104659-23-124878-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1657788/000110465923124878/tm2332516d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-124878
- JSON: https://secwatch.observer/filing/0001104659-23-124878.json
- Plain text: https://secwatch.observer/filing/0001104659-23-124878.txt

## Key facts
- Debt Financings
  Kimbell Royalty Partners, LP amended credit facility of $400 million to $550 million with Citibank, N.A..
  - Instrument: credit facility
  - Principal: $400 million to $550 million
  - Counterparty: Citibank, N.A.
  - Event: amendment
  source text: arty thereto (the “ Lenders ”) and Citibank, N.A., as administrative agent. The Second Amendment amends the Existing
  evidence_url: https://www.sec.gov/Archives/edgar/data/1657788/000110465923124878/0001104659-23-124878-index.htm
- Material Agreements
  Kimbell Royalty Partners, LP amended Second Amendment with Citibank, N.A. valued at increase each of the borrowing base and aggregate elected commitments from $400 million to $550 mill (effective 2023-12-08).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Citibank, N.A.
  - Value: increase each of the borrowing base and aggregate elected commitments from $400 million to $550 mill
  - Effective: 2023-12-08
  source text: On December 8, 2023, Kimbell Royalty Partners, LP, a Delaware limited partnership (the " Partnership "), entered into Amendment No. 2 (the " Second Amendment ") to the Partnership’s existing Amended and Restated Credit Agreement
  evidence_url: https://www.sec.gov/Archives/edgar/data/1657788/000110465923124878/0001104659-23-124878-index.htm

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