---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-063742"
form_type: "8-K"
ticker: "MZTI"
cik: "0000057515"
company_name: "MARZETTI CO"
filed_at: "2024-03-08T23:59:59+00:00"
generated_at: "2026-06-05T00:52:57.606826+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Lancaster Colony enters new $150M unsecured revolving credit facility, maturing 2029

## Summary
- New $150M credit agreement dated March 6, 2024, replaces prior $150M facility from March 2020.
- Five-year term: all amounts due March 6, 2029; interest variable based on SOFR or Alternate Base Rate.
- Financial covenants unchanged: interest coverage >=2.5x, leverage <=3.5x; no outstanding borrowings at signing.
- Facility may be expanded to $225M with lender consent; used for general corporate purposes.

## SEC filing metadata
- accession: 0001193125-24-063742
- form_type: 8-K
- ticker: MZTI
- cik: 0000057515
- company_name: MARZETTI CO
- filed_at: 2024-03-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/57515/000119312524063742/0001193125-24-063742-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/57515/000119312524063742/d801763d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-063742
- JSON: https://secwatch.observer/filing/0001193125-24-063742.json
- Plain text: https://secwatch.observer/filing/0001193125-24-063742.txt

## Key facts
- Material Agreements
  MARZETTI CO entered into New Credit Agreement with JPMorgan Chase Bank, N.A. as Administrative Agent valued at $150 million (effective 2024-03-06).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A. as Administrative Agent
  - Value: $150 million
  - Effective: 2024-03-06
  source text: On March 6, 2024, Lancaster Colony Corporation (the “Company”) entered into a new $150 million credit agreement (the “New Credit Agreement”) with the Lenders named in the New Credit Agreement and JPMorgan Chase Bank, N.A. as Administrative Agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/57515/000119312524063742/0001193125-24-063742-index.htm
- Material Agreements
  MARZETTI CO terminated Old Credit Agreement with JPMorgan Chase Bank, N.A. as Administrative Agent (effective 2024-03-06).
  - Action: termination
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A. as Administrative Agent
  - Effective: 2024-03-06
  source text: On March 6, 2024, upon execution of the New Credit Agreement, the Company entered into an agreement with JPMorgan Chase Bank, N.A. to terminate its existing $150 million credit agreement (the “Old Credit Agreement”) dated March 19, 2020, as amended, between the Company, the Lenders party thereto (as defined in the Old Credit Agreement), and JPMorgan Chase Bank, N.A. as Administrative Agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/57515/000119312524063742/0001193125-24-063742-index.htm

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