NYSE:KRPOil and Gas
Does Kimbell Royalty Partners (KRP) 2030 Credit Deal Quietly Redefine Its Risk And Growth Profile?
Kimbell Royalty Partners, LP recently completed its Fall 2025 borrowing base redetermination and entered a Second Amended and Restated Credit Agreement, extending its secured revolving credit facility’s maturity to December 16, 2030, reaffirming a US$625 million borrowing base, cutting interest spreads by 35 basis points, and lifting the maximum facility size to US$1.50 billion.
The unanimous support from existing lenders, combined with lower borrowing costs and looser covenants, signals...