---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-262075"
form_type: "8-K"
ticker: "LNN"
cik: "0000836157"
company_name: "LINDSAY CORP"
filed_at: "2021-08-31T23:59:59+00:00"
generated_at: "2026-06-29T06:54:26.236310+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Lindsay Corp extends credit facility to Aug 2026, adds $50M accordion, transitions to SOFR

## Summary
- Third Amendment to $50M unsecured revolver; accordion feature allows request for up to $50M additional capacity.
- Termination date extended from May 2022 to August 26, 2026.
- Benchmark rate transitions from LIBOR to Daily Simple SOFR; pricing grid margin tiers increased by 10 bps.
- Unused commitment fee range reduced from 0.15%-0.25% to 0.125%-0.20% per annum.
- Line of Credit Note amended and restated; new note filed.

## SEC filing metadata
- accession: 0001193125-21-262075
- form_type: 8-K
- ticker: LNN
- cik: 0000836157
- company_name: LINDSAY CORP
- filed_at: 2021-08-31T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/836157/000119312521262075/0001193125-21-262075-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/836157/000119312521262075/d176690d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-262075
- JSON: https://secwatch.observer/filing/0001193125-21-262075.json
- Plain text: https://secwatch.observer/filing/0001193125-21-262075.txt

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