KKR Enhanced US Direct Lending Fund upsizes BNP facility to $300M, Citibank to $600M; issues $50M equity

On December 1, 2025, KKR Enhanced US Direct Lending Fund-L Inc. (the "Company") issued and sold 48,354 shares of the Company’s common shares of beneficial interest (the “Shares”) (with the final number of common shares issued being determined on December 17, 2025) pursuant to a subscription agreement entered into with KKR Enhanced US Direct Lending Fund-L Holdings L.P. (the “Subscriber”) for aggregate consideration of $50.00 million.

On December 18, 2025, KKR Enhanced US EvDL Funding II LLC (“KKR Funding II”), a wholly-owned, special purpose financing subsidiary of KKR Enhanced US Direct Lending Fund-L Inc. (the “Company”), entered into the First Amendment (the “First Amendment”) to the Revolving Credit and Security Agreement, dated April 11, 2025 (the “BNP Credit Facility”), by and among KKR Funding II, as borrower, the Company, as servicer and as equityholder, BNP Paribas (“BNP”), as administrative agent, the lenders from time to time party thereto, and The Bank of New York Mellon Trust Company, National Association, as collateral agent. The First Amendment increases the BNP Credit Facility’s maximum facility size from $200 million to $300 million.

On December 18 2025, KKR Enhanced US EVDL Funding LLC (“KKR Funding I”), a wholly owned subsidiary of the Company, entered into a commitment adjustment notice (the “Commitment Adjustment Notice”) pursuant to the Loan and Servicing Agreement, dated April 1, 2024 (the “Citibank Credit Facility”), by and among KKR Funding I, as borrower, the Company, as the collateral manager and as equityholder, Citibank, N.A. (“Citibank”), as administrative agent, the lenders from time to time party thereto, The Bank of New York Mellon Trust Company, National Association, as collateral agent, as account bank and as collateral custodian, and Citibank and KKR Capital Markets LLC, as joint lead arrangers. The Commitment Adjustment Notice provides for an increase in Citibank’s commitment by $100 million, thereby bringing aggregate commitments of the lenders under the Citibank Credit Facility from $500 million to $600 million.