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Quest Resource Extends Debt Maturities Enhancing Financial Flexibility

Author: Benzinga Newsdesk | April 01, 2024 06:12am

The Monroe Credit Agreement maturity date has been extended to October 19, 2026, among other changes, and the PNC Credit Agreement's maturity date has been extended to April 19, 2026. In addition, the PNC Credit Agreement has been amended to upsize the Revolving Credit Commitments (as defined in the PNC Loan Agreement), to adjust the interest rate, and to provide for an equipment term loan of up to $5 million, among other changes.

Posted In: QRHC


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