The Scotts Co.'s Outlook is Revised to Positive; Ratings Affirmed - S&P Global Ratings’ Credit Research

The Scotts Co.'s Outlook is Revised to Positive; Ratings Affirmed

The Scotts Co.'s Outlook is Revised to Positive; Ratings Affirmed - S&P Global Ratings’ Credit Research
The Scotts Co.'s Outlook is Revised to Positive; Ratings Affirmed
Published Sep 19, 2002
620 words — Published Sep 19, 2002
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Abstract:

NEW YORK (Standard&Poor's) Sept. 19, 2002--Standard&Poor's said today that it revised its outlook on Marysville, Ohio-based The Scotts Co. to positive from stable. At the same time, Standard&Poor's affirmed its double-'B' corporate credit and senior secured debt ratings, as well as its single-'B'-plus subordinated debt rating and preliminary double-'B'/single-'B'-plus senior unsecured debt/subordinated debt ratings on the lawn and garden care products company. As of June 30, 2002, the company had about $835 million of debt outstanding. "The outlook revision reflects the expectation that Scotts will further improve its financial profile," said Standard&Poor's credit analyst Jean C. Stout. "While Scotts is expected to improve its leverage after a planned sale of 4.2 million

  
Brief Excerpt:

RESEARCH The Scotts Co.'s Outlook is Revised to Positive; Ratings Affirmed Publication date: 19-Sep-2002 NEW YORK (Standard & Poor's) Sept. 19, 2002--Standard & Poor's said today that it revised its outlook on Marysville, Ohio-based...

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Fertilizers & Agricultural Chemicals (15101030)
Sector
Global Issuers
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "The Scotts Co.'s Outlook is Revised to Positive; Ratings Affirmed" Sep 19, 2002. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/The-Scotts-Co-s-Outlook-is-Revised-to-Positive-Ratings-Affirmed-265651>
  
APA:
S&P Global Ratings’ Credit Research. (). The Scotts Co.'s Outlook is Revised to Positive; Ratings Affirmed Sep 19, 2002. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/The-Scotts-Co-s-Outlook-is-Revised-to-Positive-Ratings-Affirmed-265651>
  
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