12:27 PM EDT, 08/30/2024 (MT Newswires) -- NN (NNBR) said Friday it has negotiated revisions to two of its loan agreements, including the doubling of its allowable debt to $40 million each, incurred in connection with the purchase or lease of fixed assets .

The company said in a regulatory filing that it also agreed to not use more than about $27 million in both the term loan credit agreement and asset-based lending agreement for any sale and leaseback transaction.

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