NN, INC. (NASDAQ:NNBR) Files An 8-K Entry into a Material Definitive Agreement

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NN, INC. (NASDAQ:NNBR) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01.Entry into a Material Definitive Agreement.

On August15, 2017, NN, Inc., a Delaware corporation (the “Company”), certain Company subsidiaries named therein, and SunTrust Bank, Regions Bank, JPMorgan Chase Bank, N.A., HomeTrust Bank and Key Bank National Association, collectively, the Revolving Credit Lenders, and SunTrust Bank, as the Administrative Agent, entered into that certain Amendment No.2 to the Amended and Restated Credit Agreement (the “Amendment”), which amended the definition of Consolidated Net Leverage Ratio.

The foregoing summary is qualified in its entirety by reference to the full text of the Amendment, which is included as Exhibit10.1 hereto and incorporated herein by reference.

Item 1.01.Financial Statements and Exhibits.

(d) Exhibits

ExhibitNo.

Description

10.1 Amendment No.2 to Amended and Restated Credit Agreement, dated as of August15, 2017, by and among NN, Inc., certain NN, Inc. subsidiaries named therein, and SunTrust Bank, Regions Bank, JPMorgan Chase Bank, N.A., HomeTrust Bank and Key Bank National Association, collectively, the Revolving Credit Lenders, and SunTrust Bank, as the Administrative Agent.

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NN INC Exhibit
EX-10.1 2 d443368dex101.htm EX-10.1 EX-10.1 Exhibit 10.1 EXECUTION VERSION AMENDMENT NO. 2 TO AMENDED AND RESTATED CREDIT AGREEMENT This AMENDMENT NO. 2 TO AMENDED AND RESTATED CREDIT AGREEMENT (this “Amendment”) is entered into as of August 15,…
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About NN, INC. (NASDAQ:NNBR)

NN, Inc. is a diversified industrial company. The Company operates through three segments: the Precision Bearing Components Group, the Precision Engineered Products Group and the Autocam Precision Components Group. Within its Precision Bearing Components Group, the Company manufactures and supplies high precision bearing components, consisting of balls, cylindrical rollers, tapered rollers, spherical rollers and metal retainers for bearing and constant velocity-joint manufacturers. Within its Precision Engineered Products Group, the Company designs and manufactures a range of high-precision metal and plastic components, assemblies and finished devices for the medical, electrical, automotive and aerospace end markets. Within its Autocam Precision Components Group, the Company manufactures highly engineered precision metal components and subassemblies for the automotive, heating, ventilating and air conditioning, fluid power and diesel engine end markets.