---
schema_version: "secwatch.filing_event.v1"
accession: "0000918541-25-000041"
form_type: "8-K"
ticker: "NNBR"
cik: "0000918541"
company_name: "NN INC"
filed_at: "2025-04-02T23:59:59+00:00"
generated_at: "2026-05-24T00:14:57.552381+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# NN, Inc. amends Oaktree term loan; relaxes leverage and liquidity covenants

## Summary
- Max Consolidated Net Leverage Ratio raised to 3.25x for Q1 2025, falling to 3.00x thereafter.
- Domestic Liquidity minimum reduced to $10M for Q1 2025, from $20M previously.
- Quarterly testing; weekly cash flow projections required if leverage >=3.00x or liquidity <=$35M.
- Amendment No. 6 to Term Loan Credit Agreement, dated March 28, 2025, with Oaktree as agent.

## SEC filing metadata
- accession: 0000918541-25-000041
- form_type: 8-K
- ticker: NNBR
- cik: 0000918541
- company_name: NN INC
- filed_at: 2025-04-02T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/918541/000091854125000041/0000918541-25-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/918541/000091854125000041/nnbr-20250328.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000918541-25-000041
- JSON: https://secwatch.observer/filing/0000918541-25-000041.json
- Plain text: https://secwatch.observer/filing/0000918541-25-000041.txt

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