---
schema_version: "secwatch.filing_event.v1"
accession: "0000918541-25-000003"
form_type: "8-K"
ticker: "NNBR"
cik: "0000918541"
company_name: "NN INC"
filed_at: "2025-01-02T23:59:59+00:00"
generated_at: "2026-05-28T19:25:57.754862+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# NN Inc. closes $50M asset-backed revolving credit facility with PNC Bank, replaces prior JPMorgan facility

## Summary
- New $50M ABL revolving credit facility with PNC Bank (agent); matures Dec 30, 2029 or 90 days before term loan.
- Facility includes $15M for letters of credit, $5M swingline; borrowing base on AR and inventory.
- Proceeds used to refinance existing $50M ABL facility with JPMorgan, which was terminated.
- Fifth Amendment to term loan with Oaktree increases domestic liquidity requirements.
- CFO says terms reflect market confidence and support transformation and growth.

## SEC filing metadata
- accession: 0000918541-25-000003
- form_type: 8-K
- ticker: NNBR
- cik: 0000918541
- company_name: NN INC
- filed_at: 2025-01-02T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/918541/000091854125000003/0000918541-25-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/918541/000091854125000003/nnbr-20241230.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000918541-25-000003
- JSON: https://secwatch.observer/filing/0000918541-25-000003.json
- Plain text: https://secwatch.observer/filing/0000918541-25-000003.txt

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