secwatch.observer — SEC 8-K summary
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Issuer:     SCOTTS MIRACLE-GRO CO (SMG)
CIK:        0000825542
Form:       8-K
Filed at:   2024-09-04T23:59:59+00:00
Accession:  0001443984-24-000195
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Scotts Miracle-Gro expands receivables facility to $750M, extends through Sep 2025
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/825542/000144398424000195/0001443984-24-000195-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/825542/000144398424000195/smg-20240904.htm
  HTML page:      https://secwatch.observer/filing/0001443984-24-000195

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer