LOAN AGREEMENT
Signed Jul 15, 2026
- Committed
- $18m
- Matures
- n/a
| Tranche | Size | Matures | Margin |
|---|---|---|---|
| Initial Term Loan | $11m | n/a | n/a |
| Accordion Term Loans | $4m | n/a | n/a |
| Line of Credit | $3m | n/a | n/a |
Lenders: PASADENA PRIVATE LENDING INC.
Starco Brands, Inc.
$18m committed across 1 active facility, next covenant test Sep 30, 2026. STCB
Recent changes
CovenantTestedHeadroomLimit now
Tested quarterlyHeadroom not yet measured3.00x
Equity cure available.
Borrowers shall maintain a Maximum Senior Debt to EBITDA Ratio of no greater than 3.00 to 1.00;Read the filing on sec.gov ↗
Tested quarterlyHeadroom not yet measured2.00x
Equity cure available.
Borrowers shall maintain a Fixed Charge Coverage Ratio of at least 2.00 to 1.00.Read the filing on sec.gov ↗
No amendments on file yet.
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