---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-301201"
form_type: "8-K"
ticker: "KNTK"
cik: "0001692787"
company_name: "Kinetik Holdings Inc."
filed_at: "2023-12-21T23:59:59+00:00"
generated_at: "2026-06-07T09:10:12.453112+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Kinetik LP issues additional $300M 6.625% Sustainability-Linked Notes due 2028

## Summary
- Issued $300M aggregate principal of 6.625% Sustainability-Linked Senior Notes due 2028 at 100.5% of par.
- New Notes are additional tranche under same indenture as existing $500M notes; total $800M outstanding.
- Proceeds used to repay a portion of borrowings under term loan credit facility.
- Interest rate may increase by up to 0.25% p.a. from June 2027 if sustainability performance targets unmet.
- Notes mature December 15, 2028; interest payable semi-annually starting June 15, 2024.

## SEC filing metadata
- accession: 0001193125-23-301201
- form_type: 8-K
- ticker: KNTK
- cik: 0001692787
- company_name: Kinetik Holdings Inc.
- filed_at: 2023-12-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1692787/000119312523301201/0001193125-23-301201-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1692787/000119312523301201/d436659d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-301201
- JSON: https://secwatch.observer/filing/0001193125-23-301201.json
- Plain text: https://secwatch.observer/filing/0001193125-23-301201.txt

## Key facts
- Debt Financings
  Kinetik Holdings Inc. incurred senior notes of $300 million aggregate principal amount with U.S. Bank Trust Company, National Association at 6.625% maturing December 15, 2028.
  - Instrument: senior notes
  - Principal: $300 million aggregate principal amount
  - Counterparty: U.S. Bank Trust Company, National Association
  - Rate: 6.625%
  - Maturity: December 15, 2028
  - Event: incurrence
  source text: issued $300 million aggregate principal amount of its 6.625% Sustainability-Linked Senior Notes due 2028
  evidence_url: https://www.sec.gov/Archives/edgar/data/1692787/000119312523301201/0001193125-23-301201-index.htm
- Material Agreements
  Kinetik Holdings Inc. entered into Indenture with U.S. Bank Trust Company, National Association, as trustee valued at $300 million aggregate principal amount (effective 2023-12-06).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: U.S. Bank Trust Company, National Association, as trustee
  - Value: $300 million aggregate principal amount
  - Effective: 2023-12-06
  source text: The terms of the Notes are governed by the Indenture, dated as of December 6, 2023 (the “Indenture”), by and among Kinetik LP as the issuer, the Company as guarantor, and U.S. Bank Trust Company, National Association, as trustee
  evidence_url: https://www.sec.gov/Archives/edgar/data/1692787/000119312523301201/0001193125-23-301201-index.htm

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