Brief: NN, Inc. Announces Amendments To Term Loan And Asset Backed Credit Facility

NN

07/03/2023 21:36

March 7 (Reuters) - NN Inc  NNBR.O :
    * NN, INC. ANNOUNCES AMENDMENTS TO TERM LOAN AND ASSET
BACKED
CREDIT FACILITY
    * NN INC: AMENDMENT TO ITS $150 MILLION TERM LOAN WITH FUNDS
MANAGED BY OAKTREE CAPITAL MANAGEMENT
    * NN INC: AMONG OTHERS, AMENDMENTS INCREASES QUARTERLY
MAXIMUM
LEVERAGE RATIO COVENANT FOR DURATION OF TERM LOAN, WHICH MATURES
IN SEPTEMBER 2026

Source text for Eikon:  ID:nGNX1LZk4T 
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