KKR FS Income Trust Select Form 8-K — Oct 2, 2026
KKR FS Income Trust Select entered into a Second Amendment to its Senior Secured Revolving Credit Agreement on September 30, 2026, increasing aggregate revolving commitments from $325 million to $375 million. The amendment extends the commitment termination date to September 30, 2030 and the maturity date to September 30, 2031, and expands the accordion provision to permit a total facility of up to $800 million. Borrowing costs rise modestly: the applicable margin increases to 1.25% on ABR loans and 2.25% on term benchmark/RFR loans, though a 0.10% credit adjustment spread on USD borrowings was removed and the minimum shareholders' equity test was reset.
Key figures
- Debt Amount
- $375,000,000 aggregate revolving commitments (increased from $325,000,000)
- Interest Rate
- Applicable margin: ABR loans 1.25% (from 1.125%); term benchmark/RFR loans 2.25% (from 2.125%)
- Maturity Date
- September 30, 2031 (extended from July 2, 2029); commitment termination date September 30, 2030 (from July 2, 2028)
- Accordion capacity
- $800,000,000
- Credit adjustment spread removed
- 0.10% on USD borrowings
AI analysis
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