Starco Brands, Inc. has entered into an amendment to its existing credit agreement with Pasadena Private Lending Inc. The amendment, dated September 29, 2026, and executed on October 7, 2026, modifies the interest rate applicable to the company's debt.
Under the terms of the Omnibus First Amendment to Loan Agreement and Promissory Note, the parties agreed to reduce the applicable margin. The interest rate, defined as the Applicable Margin, was lowered from 5.5% per annum to 4.25% per annum. This change applies to the Term Loan Notes and the Line of Credit Note from the First Amendment Effective Date through the Maturity Date.
The agreement was executed by Pasadena Private Lending Inc., Starco Brands, Inc., and the company's subsidiaries, including Starco Brands, LLC, Starco Manufacturing, LLC, The AOS Group Inc., Soylent Nutrition, Inc., Skylar Body, LLC, Whipshots, LLC, and Whipshots Holdings, LLC. Ross Sklar, Chief Executive Officer of Starco Brands, signed the filing on October 13, 2026.
