Quest Resource Holding Corporation has entered into significant amendments to its existing credit agreements as of May 12, 2025. The company and its domestic subsidiaries finalized the Monroe Seventh Amendment and the PNC Sixth Amendment to their credit and loan agreements, respectively. These amendments, involving PNC Bank and Monroe Capital Management Advisors, LLC, include waiving financial covenant testing for the first quarter of 2025 and modifying interest rates and financial covenants. Additionally, a Fourth Amendment to the Intercreditor Agreement was established, clarifying the relative rights of PNC Bank and Monroe Capital concerning their collateral interests. This move is aimed at providing Quest Resource with enhanced financial flexibility and optimizing its capital structure.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Quest Resource Holding Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193805-25-000635), on May 13, 2025, and is solely responsible for the information contained therein.
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