KKR FS Income Trust: enters loan agreement for up to $250,000,000

What happened
The filing says that on Oct 7, 2026, K-FIT Finance BMO-1 LLC ("BMO-1"), a wholly-owned, special purpose financing subsidiary of KKR FS Income Trust (the "Company"), entered into a Loan and Security Agreement (the "Loan Agreement") with Bank of Montreal ("BMO") as administrative agent, the lenders party thereto and Western Alliance Trust Company, N.A., as collateral custodian. The Loan Agreement provides for borrowings in U.S. dollars, Canadian dollars, pounds sterling and euros in an aggregate initial principal amount of up to $250,000,000, which may be increased with the consent of the applicable lenders and the administrative agent. The filing says the revolving period will terminate on Oct 7, 2029, and any amounts borrowed will mature on Oct 7, 2031.

Key details

• Aggregate initial principal amount up to $250,000,000; borrowings permitted in USD, CAD, GBP and EUR.
• Borrowings bear interest at index rates: U.S. dollar borrowings at Term SOFR, Canadian dollar at Term CORRA, euro at EURIBOR and pound sterling at Daily Simple SONIA, each plus an applicable spread of 1.85% during the revolving period and 2.00% thereafter; following an event of default the spread increases by 2.00% per annum.
• Revolving period ends Oct 7, 2029; maturity of outstanding borrowings is Oct 7, 2031; facility is subject to customary fees including a non-usage fee and, in certain circumstances, a prepayment premium.
• BMO-1’s obligations are secured by a first priority security interest in substantially all of its assets, including its portfolio of loans and related accounts; the obligations of BMO-1 are non-recourse to the Company, and the Company’s exposure is limited to the value of its equity in, and investment in, BMO-1.

Why it may matter
The filing reports Item 1.01, entry into a material definitive agreement: the Loan and Security Agreement providing financing to the Company’s special-purpose subsidiary. A filing does not show why the insider traded or why the company acted.