---
schema_version: "secwatch.filing_event.v1"
accession: "0000074046-24-000054"
form_type: "8-K"
ticker: "ODC"
cik: "0000074046"
company_name: "Oil-Dri Corp of America"
filed_at: "2024-10-01T23:59:59+00:00"
generated_at: "2026-05-31T00:10:07.973096+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Oil-Dri amends credit agreement: revolver increased to $75M, accordion allows additional $50M, term extended to 2029

## Summary
- Revolving line raised from $45M to $75M; L/C sublimit increased from $10M to $20M.
- New accordion provision permits up to $50M further increase (max $125M), at BMO's discretion.
- Termination date extended to September 30, 2029 (was earlier date).
- Permitted acquisitions threshold increased from $45M cumulative to $100M.
- Amended credit agreement includes updated financial covenants and conditions.

## SEC filing metadata
- accession: 0000074046-24-000054
- form_type: 8-K
- ticker: ODC
- cik: 0000074046
- company_name: Oil-Dri Corp of America
- filed_at: 2024-10-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/74046/000007404624000054/0000074046-24-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/74046/000007404624000054/odc-20240930.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000074046-24-000054
- JSON: https://secwatch.observer/filing/0000074046-24-000054.json
- Plain text: https://secwatch.observer/filing/0000074046-24-000054.txt

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