---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-065374"
form_type: "8-K"
ticker: "ODC"
cik: "0000074046"
company_name: "Oil-Dri Corp of America"
filed_at: "2026-10-08T00:02:48+00:00"
generated_at: "2026-10-12T15:42:56.258047+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Oil-Dri amends BMO credit line to $100M, extends maturity to 2031; expands Prudential shelf to $150M

## Summary
- Ninth Amendment with BMO raises revolver to $100M from $75M and extends termination date to Oct. 7, 2031; accordion now up to greater of $125M or 100% of Consolidated EBITDA.
- One-time upfront fee of $200,000 paid to BMO; pricing reduced by expanding debt-to-earnings ratio; removed $100M cumulative permitted acquisitions threshold.
- Fifth Amendment with PGIM/Prudential extends shelf note issuance to Oct. 7, 2029 and raises shelf capacity to $150M from $75M, minus outstanding notes and accepted shelf notes.
- Amendments add restricted payments covenant limiting dividends, distributions and share buybacks except when not in default; Fifth Amendment adds Credit Agreement restrictive covenants.

## SEC filing metadata
- accession: 0001628280-26-065374
- form_type: 8-K
- ticker: ODC
- cik: 0000074046
- company_name: Oil-Dri Corp of America
- filed_at: 2026-10-08T00:02:48+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/74046/000162828026065374/0001628280-26-065374-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/74046/000162828026065374/odc-20261007.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-065374
- JSON: https://secwatch.observer/filing/0001628280-26-065374.json
- Plain text: https://secwatch.observer/filing/0001628280-26-065374.txt

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