{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-121625","form_type":"8-K","ticker":"KRP","cik":"0001657788","company_name":"Kimbell Royalty Partners, LP","filed_at":"2025-12-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.063219+00:00","generated_at":"2026-05-16T13:04:02.452322+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Kimbell Royalty Partners upsizes credit facility to $1.5B, matures 2030","bullets":["New $1.5B senior secured facility with initial borrowing base of $625M and elected commitments of $625M.","Maturity extended to December 16, 2030, with possible earlier date if preferred units remain outstanding.","Interest rates: SOFR + 2.50%-3.50% or base rate +1.50%-2.50% per annum depending on utilization.","Covenants: Debt to EBITDAX ≤ 3.50x, current ratio ≥ 1.0x; semi-annual borrowing base redeterminations.","Facility replaces prior $625M credit agreement; guaranteed by material subsidiaries and secured by oil/gas assets."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-121625","json":"https://secwatch.observer/filing/0001104659-25-121625.json","markdown":"https://secwatch.observer/filing/0001104659-25-121625.md","text":"https://secwatch.observer/filing/0001104659-25-121625.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1657788/000110465925121625/0001104659-25-121625-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1657788/000110465925121625/tm2533519d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T13:04:02.452322+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}