BULLETIN: The Scotts Co. to Add $70 Million in Senior Subordinated Notes - S&P Global Ratings’ Credit Research

BULLETIN: The Scotts Co. to Add $70 Million in Senior Subordinated Notes

BULLETIN: The Scotts Co. to Add $70 Million in Senior Subordinated Notes - S&P Global Ratings’ Credit Research
BULLETIN: The Scotts Co. to Add $70 Million in Senior Subordinated Notes
Published Jan 25, 2002
Published Jan 25, 2002
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About This Report

  
Abstract:

Standard&Poor's today said The Scotts Co.'s (BB/Stable/--) intention to add an additional $70 million to its existing 8.625% privately placed senior subordinated notes due 2009, will not affect the ratings or outlook. Proceeds of the offering will be used to repay a portion of the amount outstanding under the company's revolving credit agreement. Scotts' debt burden will remain the same; however, the proposed debt offering will provide the company with some additional financial flexibility during its traditional peak-borrowing season.

  
Report Type:

News

Ticker
SMG
Issuer
The Scotts Miracle-Gro Co.
GICS
Fertilizers & Agricultural Chemicals (15101030)
Sector
Global Issuers
Country
United States
Region
United States
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "BULLETIN: The Scotts Co. to Add $70 Million in Senior Subordinated Notes" Jan 25, 2002. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-The-Scotts-Co-to-Add-70-Million-in-Senior-Subordinated-Notes-228309>
  
APA:
S&P Global Ratings’ Credit Research. (). BULLETIN: The Scotts Co. to Add $70 Million in Senior Subordinated Notes Jan 25, 2002. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-The-Scotts-Co-to-Add-70-Million-in-Senior-Subordinated-Notes-228309>
  
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