---
schema_version: "secwatch.filing_event.v1"
accession: "0000045876-24-000052"
form_type: "8-K"
ticker: "NVRI"
cik: "0000045876"
company_name: "ENVIRI Corp"
filed_at: "2024-09-10T23:59:59+00:00"
generated_at: "2026-05-31T05:44:58.393920+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Enviri refinances credit facility: $625M new revolver due 2029, leverage covenant step-down to 4.00x

## Summary
- Entered Amendment No. 14, obtaining $625M new revolving credit commitments maturing Sept 2029; retained $50M existing commitments maturing March 2026.
- Leverage covenant capped at 5.00x stepping down to 4.00x by March 2026.
- Interest margins: new facility 175-225 bps over SOFR; existing facility 150-275 bps over SOFR.
- Company reduced existing revolver by $466.67M and repaid $441.67M concurrently.
- Facility was oversubscribed with multiple arrangers and agents.

## SEC filing metadata
- accession: 0000045876-24-000052
- form_type: 8-K
- ticker: NVRI
- cik: 0000045876
- company_name: ENVIRI Corp
- filed_at: 2024-09-10T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/45876/000004587624000052/0000045876-24-000052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/45876/000004587624000052/hsc-20240905.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000045876-24-000052
- JSON: https://secwatch.observer/filing/0000045876-24-000052.json
- Plain text: https://secwatch.observer/filing/0000045876-24-000052.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.