---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-186159"
form_type: "8-K"
ticker: "NVRI"
cik: "0000045876"
company_name: "ENVIRI Corp"
filed_at: "2022-06-30T23:59:59+00:00"
generated_at: "2026-06-24T22:11:43.576339+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Harsco closes $150M AR securitization with PNC; $120M drawn, $2M annual interest savings

## Summary
- Facility capacity $150M; initial draw ~$120M provides immediate liquidity and reduces leverage under senior credit agreement.
- Annual interest savings of ~$2M from asset monetization; three-year term ending June 2025.
- Receivables sold by bankruptcy-remote subsidiary Harsco Receivables LLC; PNC Bank as administrative agent.
- Amendment No. 10 to credit agreement raises securitization facility cap to $150M and adjusts related covenants.
- Remaining undrawn capacity available for future funding at Company's discretion.

## SEC filing metadata
- accession: 0001193125-22-186159
- form_type: 8-K
- ticker: NVRI
- cik: 0000045876
- company_name: ENVIRI Corp
- filed_at: 2022-06-30T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/45876/000119312522186159/0001193125-22-186159-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/45876/000119312522186159/d339697d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-186159
- JSON: https://secwatch.observer/filing/0001193125-22-186159.json
- Plain text: https://secwatch.observer/filing/0001193125-22-186159.txt

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