KKR unit Global Atlantic signs $3.00 billion unsecured revolving credit facility
KKR & Co. Inc. disclosed that subsidiary Global Atlantic and affiliated insurance companies entered a $3.00 billion unsecured revolving credit facility with Wells Fargo Bank, N.A. as administrative agent. The facility can be increased by up to $500 million, and it is guaranteed by the parent-level guarantors, which adds a direct financial obligation for the group.
Key points
- Facility size is $3.00 billion as of January 16, 2026, with an option to increase to $3.50 billion subject to conditions.
- The facility is a 364-day term maturing January 15, 2027, extendable at the borrowers' option with lender consent.
- Interest is based on term SOFR plus 1.10% to 1.375%, or an alternate base rate plus 0.10% to 0.375%, depending on ratings.
- Covenants include a debt to total capitalization ratio of no more than 35% and a minimum net worth test for Global Atlantic Limited and its subsidiaries.
The filing
Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 16, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.