NN, Inc. Refinancing Cuts Interest Costs as Liquid Cooling Demand Rises
NN, Inc. says refinancing has reduced annual interest expenses by 57%, improving its bottom line and easing prior debt-related concerns. Growth is being driven by liquid cooling for data centers, with 100% of new capacity pre-sold and incremental segment revenue targets seen as highly achievable. The update follows earlier positive news including a partnership with Nvidia.