Perma-Fix amends credit agreement with PNC, replacing LIBOR with SOFR benchmarks

PERMA FIX ENVIRONMENTAL SERVICES INC

Fifth Amendment to $X revolving credit, term loan and security agreement executed on August 29, 2022.
LIBOR replaced with Term SOFR plus 3.00% (revolver) and 3.50% (term loan/capital line).
SOFR Adjustment set at 0.10% (1-month) and 0.15% (3-month).
Anti-terrorism covenants added to the Loan Agreement.
No change to principal amounts or maturity terms disclosed.

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