debt
confidence high
sentiment neutral
materiality 0.50
Scotts Miracle-Gro expands receivables facility to $750M, extends through Sep 2025
SCOTTS MIRACLE-GRO CO
- Program limit increased from $600M to $750M; purchase termination date extended to September 1, 2025.
- Facility is uncommitted; proceeds used for general corporate purposes.
- New account debtor added (Schedule I amended).
- Recourse limited; supported by $75M standby letters of credit.
- No other material changes to terms.