Kimbell Royalty Partners Secures $625 Million Credit Facility Extension and Expands Maximum Size to $1.5 Billion

Reuters
2025/12/17
Kimbell Royalty Partners Secures $625 Million Credit Facility Extension and Expands Maximum Size to $1.5 Billion

Kimbell Royalty Partners LP has successfully completed an amendment and restatement of its secured revolving credit facility following its scheduled Fall 2025 redetermination. The company's existing lenders unanimously reaffirmed the borrowing base and total commitments at $625 million, and extended the maturity date of the facility from June 2027 to December 2030. The amended agreement also reduces Kimbell's borrowing costs by 35 basis points through a lower pricing grid and the removal of a credit spread adjustment. Additionally, the maximum facility size has been increased from $750 million to $1.5 billion, and Kimbell has gained increased flexibility under financial covenants and permitted baskets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kimbell Royalty Partners LP published the original content used to generate this news brief via PR Newswire (Ref. ID: DA49097) on December 16, 2025, and is solely responsible for the information contained therein.

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免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

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