---
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"
generated_at: "2026-05-16T13:04:02.452322+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Kimbell Royalty Partners upsizes credit facility to $1.5B, matures 2030

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-121625
- JSON: https://secwatch.observer/filing/0001104659-25-121625.json
- Plain text: https://secwatch.observer/filing/0001104659-25-121625.txt

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