debt
confidence high
sentiment neutral
materiality 0.55
Quest Resource amends credit pacts, waives Q1 2025 covenant compliance test
Quest Resource Holding Corp
- Entered Seventh Amendment with Monroe Capital and Sixth Amendment with PNC Bank, both dated May 12, 2025.
- Financial covenant testing waived for Q1 2025; interest rate and covenant terms modified.
- Amendment fee of 0.50% of outstanding loan principal paid to Monroe Capital.
- Fourth Amendment to Intercreditor Agreement executed between PNC and Monroe Capital.
- Loan parties reaffirmed all representations, warranties, and security interests.