{"schema_version":"secwatch.filing_event.v1","accession":"0000074046-22-000058","form_type":"8-K","ticker":"ODC","cik":"0000074046","company_name":"Oil-Dri Corp of America","filed_at":"2022-09-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:58.056517+00:00","generated_at":"2026-06-23T15:58:34.250218+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Oil-Dri amends credit agreements, replaces LIBOR with SOFR, increases unsecured debt basket to $75M","bullets":["Replaced LIBOR with adjusted Term SOFR as reference rate for $45M revolving credit facility.","Increased unsecured indebtedness basket from $50M to $75M.","Replaced consolidated debt covenant with maximum debt to earnings ratio; lowered minimum fixed charge coverage ratio.","Amended Note Purchase Agreement with PGIM/Prudential to align covenants and modify excess leverage fee.","Paid $20,000 upfront fee to BMO; legal formalities satisfied."],"urls":{"canonical":"https://secwatch.observer/filing/0000074046-22-000058","json":"https://secwatch.observer/filing/0000074046-22-000058.json","markdown":"https://secwatch.observer/filing/0000074046-22-000058.md","text":"https://secwatch.observer/filing/0000074046-22-000058.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/74046/000007404622000058/0000074046-22-000058-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/74046/000007404622000058/odc-20220906.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T15:58:34.250218+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}