--- title: "Enviri Redeems $475 Million Notes and Terminates AR Facility After Clean Earth Sale" type: "News" locale: "en" url: "https://longbridge.com/en/news/288330798.md" description: "Enviri redeemed $475 million of its 5.75% Senior Notes due 2027 and terminated its 2022 receivables purchase facility led by PNC Bank, effective June 1, 2026. These actions, funded by proceeds from the Clean Earth sale, aim to reduce interest costs and streamline the company's capital structure." datetime: "2026-06-01T21:23:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/288330798.md) - [en](https://longbridge.com/en/news/288330798.md) - [zh-HK](https://longbridge.com/zh-HK/news/288330798.md) generator: "portal-rs" --- # Enviri Redeems $475 Million Notes and Terminates AR Facility After Clean Earth Sale Enviri retired $475 million of 5.75% Senior Notes due 2027 at par plus accrued interest and discharged the related 2019 Indenture, effective June 1, 2026. On the same date, the company repaid all amounts under and terminated its 2022 receivables purchase facility led by PNC Bank. These actions, undertaken in connection with broader corporate transactions, reduce interest costs and streamline Enviri's capital structure. **Agreement 1: Enviri Repays and Terminates 2022 Receivables Purchase Facility Led by PNC Bank** - **Agreement terminated**: Receivables Purchase Agreement (Accounts Receivable Facility) - **Counterparty**: PNC Bank and purchaser group - **Original agreement date**: Jun 24 2022 - **Termination date**: Jun 01 2026 - **Termination type**: Early - **Reason**: Repayment using sale proceeds; facility no longer needed **Agreement 2: Enviri Redeems $475 Million 5.75% Notes Due 2027; Indenture Discharged** - **Agreement terminated**: Indenture for 5.75% Senior Notes due 2027 - **Counterparty**: U.S. Bank Trust Company, as trustee - **Original agreement date**: Jun 28 2019 - **Termination date**: Jun 01 2026 - **Termination type**: Early - **Reason**: Refinance balance sheet and retire 2027 notes early Original SEC Filing: ENVIRI Corp \[ NVRI \] - 8-K - Jun. 01, 2026 **Disclaimer** This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC. ### Related Stocks - [NVRI.US](https://longbridge.com/en/quote/NVRI.US.md) - [PNC.US](https://longbridge.com/en/quote/PNC.US.md) - [USB.US](https://longbridge.com/en/quote/USB.US.md) ## Related News & Research - [Axia Energia sets Sept. 10-14 window for preferred share conversion into common stock](https://longbridge.com/en/news/298499339.md) - [Sensient expands receivables securitization facility to $115 million](https://longbridge.com/en/news/297833299.md) - [VIRGINIA RETIREMENT SYSTEMS ET Al Makes New $52.89 Million Investment in The PNC Financial Services Group, Inc $PNC](https://longbridge.com/en/news/298199804.md) - [HPS/PayMedix Named a 2026 Best and Brightest Company to Work For](https://longbridge.com/en/news/298358823.md) - [UPS announces R$ 0.36 dividend per unit for Q3 2026](https://longbridge.com/en/news/298324635.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**