{"schema_version":"secwatch.filing_event.v1","accession":"0000918541-24-000129","form_type":"8-K","ticker":"NNBR","cik":"0000918541","company_name":"NN INC","filed_at":"2024-08-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.349315+00:00","generated_at":"2026-05-31T06:55:46.225598+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"NN, Inc. Amends Term Loan and ABL Credit Agreements to Increase Debt Limits and Adjust Liquidity Covenants","bullets":["NN, Inc. entered into Amendment No. 4 to Term Loan Credit Agreement with Oaktree on August 29, 2024, requiring sale-leaseback proceeds to prepay outstanding principal.","The amendments raise allowable indebtedness for fixed asset acquisition from $20M to $40M, with a $26.95M cap on sale-leaseback transactions.","Both the TLCA and ABL amendments modify the Domestic Liquidity covenant, requiring minimum $10M liquidity and weekly cash flow projections when leverage exceeds 3.0x or liquidity ≤ $35M.","The amendments were executed on August 29, 2024 between NN, Inc., Oaktree Fund Administration (TLCA), and JPMorgan Chase (ABL)."],"urls":{"canonical":"https://secwatch.observer/filing/0000918541-24-000129","json":"https://secwatch.observer/filing/0000918541-24-000129.json","markdown":"https://secwatch.observer/filing/0000918541-24-000129.md","text":"https://secwatch.observer/filing/0000918541-24-000129.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/918541/000091854124000129/0000918541-24-000129-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/918541/000091854124000129/nnbr-20240829.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T06:55:46.225598+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}