UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 4, 2025
KKR Private Equity Conglomerate LLC
(Exact name of registrant as specified in its charter)
|
Delaware
|
000-56540
|
88-4368033
|
|
(State or other jurisdiction of incorporation)
|
(Commission File Number)
|
(I.R.S. Employer Identification No.)
|
|
30 Hudson Yards, New York, NY
|
|
10001
|
|
(Address of principal executive offices)
|
|
(Zip Code)
|
(212) 750-8300
Registrant's telephone number, including area code
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following
provisions:
☐
|
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
☐
|
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
|
☐
|
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
|
☐
|
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
|
Securities registered pursuant to Section 12(b) of the Act:
|
Title of each class
|
Trading Symbol(s)
|
Name of each exchange on which registered
|
|
None.
|
None.
|
None.
|
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2
of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised
financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 2.03. |
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
|
Certain indirect subsidiaries (collectively, the “Borrowers”) of KKR Private Equity Conglomerate LLC (the “Company”) are borrowers under that certain revolving credit
agreement, dated as of December 23, 2024 (as amended, the “Agreement”) with Sumitomo Mitsui Banking Corporation, as joint lead arranger and administrative agent, KKR Capital Markets LLC, an indirect subsidiary of KKR & Co. Inc. and affiliate of
the Company, as joint lead arranger, and the lenders party thereto.
On April 4, 2025, the credit available to the Borrowers under the Agreement was increased by $150 million to an aggregate principal amount of $350 million pursuant to a
Facility Increase Request (as defined in the Agreement) made by the Borrowers. The Agreement continues to include an uncommitted accordion feature that allows the Borrowers to increase the commitment to up to $1.5 billion in the aggregate. The
Agreement will mature on December 23, 2027, unless there is an earlier termination or an acceleration following an event of default.
Except as described above, the material terms of the Agreement remain unchanged.
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
| |
KKR PRIVATE EQUITY CONGLOMERATE LLC |
| |
|
| |
/s/ Sung Bum Cho
|
|
Date: April 8, 2025
|
Name: Sung Bum Cho
|
| |
Title: General Counsel & Secretary
|