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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.
ChicagoManufacturingAgriculture and Farming