# 6-K exhibit

- Source: edgar · Published: 2026-08-26 · Kind: report
- Original: https://www.sec.gov/Archives/edgar/data/1564180/000110465926101087/knop-20260826xex99d1.htm

**TL;DR —** KNOT Offshore Partners LP acquired the shuttle tanker Hedda Knutsen for $24.4 million and refinanced $225.8 million in existing term loans with a new $225 million senior secured credit facility.

## Takeaways
- KNOP acquired the Hedda Knutsen, a 2024-built DP2 Suezmax shuttle tanker, for an initial cost of $24.4 million ($113.0M purchase price - $89.4M outstanding debt + $0.8M capitalized fees).
- The Hedda Knutsen operates on a time charter with Petrobras expiring November 2034, with a 5-year charterer option, providing long-term contracted revenue.
- KNOP refinanced $225.8 million in existing term loans for five vessels (Tordis Knutsen, Vigdis Knutsen, Lena Knutsen, Anna Knutsen, Brasil Knutsen) with a new $225 million senior secured credit facility.
- The new credit facility matures in June 2031, bears interest at SOFR + 1.65%, and consists of 20 quarterly installments with a $111.1 million balloon payment.
- The refinancing addresses upcoming September 2026 maturities, improving KNOP's debt maturity profile and liquidity.

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