February 27, 2017 / 9:43 PM / 5 months ago

BRIEF-Quest Resource announces execution of new asset-based loan facility

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Feb 27 (Reuters) - Quest Resource Holding Corp

* Quest resource announces execution of new asset-based loan facility

* Quest resource holding-entered into loan, security, guaranty agreement, dated as of feb. 24, 2017, with citizens bank, national association as a lender

* Quest resource holding- offering asset-based revolving credit facility of up to $20 million, equipment loan facility in maximum principal amount $2.0 million

* Quest resource holding corp - maturity date of revolving credit facility is february 24, 2022

* Quest resource holding corp - abl facility replaces company's existing senior secured loan facility

* Quest resource holding corp - maturity date of equipment loan facility is february 24, 2022. Source text for Eikon: Further company coverage:

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