other material
confidence high
sentiment neutral
materiality 0.50
KKR Enhanced US Direct Lending Fund upsizes BNP facility to $300M, Citibank to $600M; issues $50M equity
KKR Enhanced US Direct Lending Fund-L Inc.
- BNP Paribas credit facility increased from $200M to $300M via First Amendment dated Dec 18, 2025.
- Citibank credit facility commitment increased by $100M to $600M; accordion allows up to $1.25B.
- Issued 48,354 shares for $50M in private placement to KKR Enhanced US Direct Lending Fund-L Holdings L.P.
- No other material terms changed in BNP amendment.