NN, Inc. borrows $10M delayed draw term loans after removing equity raise condition

NN INC

Removed DDTL Equity Raise condition from Term Loan Credit Agreement, allowing immediate draw.
Borrowed the full $10.0 million of previously undrawn delayed draw term loans.
Term Loan Credit Agreement originally provided $118.0M term loan funded April 2025 plus $10.0M delayed draw.
Amendment effective January 29, 2026.

item 1.01 item 2.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

NN INC incurred term loan of $10.0 million with Alter Domus (US) LLC.

Instrument: term loan
Principal: $10.0 million
Counterparty: Alter Domus (US) LLC
Event: incurrence

Exact text from the filing

In connection with entering into the Amendment, the Company borrowed $10.0 million of Delayed Draw Term Loans.

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

NN INC entered into Amendment No. 1 to Term Loan Credit Agreement with Alter Domus (US) LLC valued at $10.0 million (effective 2026-01-29).

Action: entry
Agreement: credit facility
Counterparty: Alter Domus (US) LLC
Value: $10.0 million
Effective: 2026-01-29

Exact text from the filing

On January 29, 2026, NN, Inc., a Delaware corporation (the “Company”), entered into Amendment No. 1 to Term Loan Credit Agreement (the “Amendment”), which amended the Term Loan Credit Agreement (as amended, restated, supplemented or otherwise modified from time to time, the “Term Loan Credit Agreement”), dated as of April 16, 2025, by and among the Company, the lenders from time to time party thereto (collectively, the “Lenders”) and Alter Domus (US) LLC, as administrative agent for the Lenders

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306 debt financings filed in the last 30 days. Browse all debt financings →

NN INC filing history →

Source: SEC EDGAR

accession 0001104659-26-008723

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