Quest Resource Holding Corp 8-K
Research Summary
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Quest Resource Holding Amends Credit Agreement, Enters New Loan
What Happened
- Quest Resource Holding Corporation filed an 8-K reporting that on March 12, 2026 it executed an Eighth Amendment to its Monroe Credit Agreement (Monroe Capital Management Advisors, LLC, as administrative agent) that modifies the agreement’s financial covenants.
- On the same date the company entered into a new Loan and Security Agreement with Texas Capital Bank (TCB) and certain Quest subsidiaries, creating a new direct financial obligation.
- Also contemporaneous with the TCB loan, the company terminated its prior Loan, Security and Guaranty Agreement with PNC Bank (originally dated August 5, 2020) and repaid all outstanding amounts under that PNC facility.
Key Details
- Date of actions: March 12, 2026.
- Monroe amendment: “Eighth Amendment to Credit Agreement” revises financial covenants under the existing Monroe Credit Agreement (Monroe Capital as administrative agent).
- New lender: Loan and Security Agreement executed with Texas Capital Bank (TCB), naming multiple Quest affiliates as parties/guarantors.
- PNC facility: Loan, Security and Guaranty Agreement with PNC Bank was terminated and all outstanding amounts were repaid.
Why It Matters
- These actions change Quest’s debt structure: the company revised covenant terms with its Monroe lenders and took on a new loan with TCB while retiring its PNC facility. That can affect liquidity, covenant compliance and borrowing flexibility.
- Investors should review the filed exhibits (Eighth Amendment and the TCB Loan Agreement) for the specific covenant revisions, loan terms (interest rate, maturity, collateral) and any conditions that could affect future financial results or default risk.
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