---
schema_version: "secwatch.filing_event.v1"
accession: "0000074046-21-000119"
form_type: "8-K"
ticker: "ODC"
cik: "0000074046"
company_name: "Oil-Dri Corp of America"
filed_at: "2021-12-17T23:59:59+00:00"
generated_at: "2026-06-28T00:18:59.998921+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Oil-Dri issues $25M 3.25% Series C Senior Notes due 2031; adds leverage-based fee

## Summary
- Issued $25M in Series C Senior Notes at 3.25% annual rate, maturing December 16, 2031.
- Proceeds to be used for general corporate purposes.
- Excess leverage fee: 0.25% if Net Leverage Ratio >=2.00x; 1.00% if >2.50x.
- Amendment to Note Agreement with PGIM, effective December 16, 2021.

## SEC filing metadata
- accession: 0000074046-21-000119
- form_type: 8-K
- ticker: ODC
- cik: 0000074046
- company_name: Oil-Dri Corp of America
- filed_at: 2021-12-17T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/74046/000007404621000119/0000074046-21-000119-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/74046/000007404621000119/odc-20211216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000074046-21-000119
- JSON: https://secwatch.observer/filing/0000074046-21-000119.json
- Plain text: https://secwatch.observer/filing/0000074046-21-000119.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.