{"schema_version":"secwatch.filing_event.v1","accession":"0001443984-22-000167","form_type":"8-K","ticker":"SMG","cik":"0000825542","company_name":"SCOTTS MIRACLE-GRO CO","filed_at":"2022-06-08T23:59:59+00:00","discovered_at":"2026-05-14T18:04:03.853139+00:00","generated_at":"2026-06-25T03:43:43.053001+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Scotts Miracle-Gro amends credit agreement; higher rates, dividend cap through 2024","bullets":["Amendment adjusts leverage covenant through April 1, 2024, with higher interest margins when leverage exceeds 4.75x.","Revolver spread increases by 35 bps and term loan spread by 50 bps when leverage >4.75x; facility fee up 15 bps.","Dividends limited to $225M per fiscal year and other distributions capped at $25M during leverage adjustment period.","Consenting lenders receive a one-time fee of 0.10% of commitments and outstanding term loans.","Amendment effective June 8, 2022; requires pro forma leverage compliance for acquisitions and debt incurrence."],"urls":{"canonical":"https://secwatch.observer/filing/0001443984-22-000167","json":"https://secwatch.observer/filing/0001443984-22-000167.json","markdown":"https://secwatch.observer/filing/0001443984-22-000167.md","text":"https://secwatch.observer/filing/0001443984-22-000167.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/825542/000144398422000167/0001443984-22-000167-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/825542/000144398422000167/smg-20220608.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T03:43:43.053001+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}