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Oil-Dri Corporation Secures Credit Line Increase

PUBLIC · ODCOct 08, 2026

Amount Raised

$100 Million

Round Type

Funding Round

ChicagoManufacturingAgriculture and Farming

Investors

Bmo Bank N.A.

Description

On October 7, 2026, Oil-Dri Corporation of America entered into an amendment to its existing Credit Agreement with BMO Bank N.A. This amendment increases the company's borrowing capacity from BMO from $75 million to $100 million. It also allows for an additional $50 million through an accordion feature. This funding will enhance the company's liquidity and operational flexibility.

Company Information

Company

Oil-Dri Corporation Of America

Location

Chicago, Illinois, United States

About

Oil-Dri Corporation of America is a leading manufacturer and supplier of specialty sorbent products. The company serves various markets including pet care, animal health, and fluids purification. It is known for its vertically integrated operations that manage everything from research and development to sales. Oil-Dri focuses on financial strength and strategic expansion.

Fundz sees it the moment Oil-Dri Corporation Of America raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Predictive Intelligence
Strategic

ML-powered predictions for Oil-Dri Corporation Of America's next move

See what Strategic adds

Oil-Dri Corporation Of America raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.