K-FIT Finance AB-1 LLC, a wholly-owned financing subsidiary of KKR FS Income Trust, entered into the Second Amendment to its Loan and Security Agreement on October 16, 2025, significantly increasing its committed facility and extending key dates.
The amendment raises the maximum committed facility amount from $250 million to $500 million. It also reduces the applicable margin over one-month daily SOFR for advances from 2.25% per annum to 1.85% per annum. Furthermore, the revolving period extends from October 10, 2026, to October 16, 2028, and the stated maturity date moves from October 10, 2028, to October 16, 2030. The original Loan and Security Agreement was dated October 10, 2023, and involved K-FIT AB-1 as borrower, Ally Bank as administrative agent and arranger, and Computershare Trust Company, N.A. as collateral administrator and custodian.
