---
schema_version: "secwatch.filing_event.v1"
accession: "0000825542-26-000050"
form_type: "8-K"
ticker: "SMG"
cik: "0000825542"
company_name: "SCOTTS MIRACLE-GRO CO"
filed_at: "2026-09-15T12:33:35+00:00"
generated_at: "2026-09-15T12:35:10.827021+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Scotts Miracle-Gro redeems $250M notes, renews AR facility, starts share repurchases

## Summary
- Redeemed all $250M of 5.250% senior notes due 2026 on Sept 11, using revolver debt and FY2026 excess FCF.
- Renewed $750M accounts receivable facility with JPMorgan Chase, extending maturity to Aug 31, 2027.
- Repurchased $25M of shares in August, initiating the $500M buyback program authorized by the board.
- Reaffirmed FY2026 guidance: adjusted EPS $4.30-$4.45, adjusted gross margin at least 32%, US Consumer low-single-digit net sales growth.
- Reaffirmed free cash flow target of $275M, projecting leverage ratio down to high 3s; FY results due Nov 4, 2026.

## SEC filing metadata
- accession: 0000825542-26-000050
- form_type: 8-K
- ticker: SMG
- cik: 0000825542
- company_name: SCOTTS MIRACLE-GRO CO
- filed_at: 2026-09-15T12:33:35+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/825542/000082554226000050/0000825542-26-000050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/825542/000082554226000050/smg-20260915.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000825542-26-000050
- JSON: https://secwatch.observer/filing/0000825542-26-000050.json
- Plain text: https://secwatch.observer/filing/0000825542-26-000050.txt

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