---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-008998"
form_type: "8-K"
ticker: "PESI"
cik: "0000891532"
company_name: "PERMA FIX ENVIRONMENTAL SERVICES INC"
filed_at: "2022-04-04T23:59:59+00:00"
generated_at: "2026-06-26T10:03:04.053893+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Perma-Fix amends PNC credit agreement; waives Q4 2021 covenant breach, eases FCCR testing

## Summary
- Waived Q4 2021 fixed charge coverage ratio (FCCR) covenant breach; removes FCCR testing for Q1 2022.
- Reinstates FCCR testing from Q2 2022 with revised methodology; minimum 1.15:1 ratio unchanged.
- Requires minimum $3M borrowing availability under revolver until Q2 2022 FCCR compliance is certified.
- Facility fee rate on revolver increased from 0.375% to 0.500%; reverts to 0.375% upon FCCR compliance.
- Company paid a $15,000 fee in connection with the amendment; other terms of loan agreement unchanged.

## SEC filing metadata
- accession: 0001493152-22-008998
- form_type: 8-K
- ticker: PESI
- cik: 0000891532
- company_name: PERMA FIX ENVIRONMENTAL SERVICES INC
- filed_at: 2022-04-04T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/891532/000149315222008998/0001493152-22-008998-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/891532/000149315222008998/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-008998
- JSON: https://secwatch.observer/filing/0001493152-22-008998.json
- Plain text: https://secwatch.observer/filing/0001493152-22-008998.txt

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