Scotts Miracle-Gro Redeems $250 Million Senior Notes due 2026, Reaffirms Outlook

MT Newswires Live
昨天

The Scotts Miracle-Gro (SMG) fully redeemed $250 million of its outstanding 5.250% senior notes due 2026 on Sept. 11 using available revolving credit facility borrowings and excess free cash flow, the company said Tuesday.

The company also renewed its $750 million accounts receivable facility with JPMorgan Chase Bank (JPM), extending its maturity to Aug. 31, 2027.

Scotts Miracle-Gro also said it repurchased $25 million of its own shares in August under the $500 million share buyback program.

The company reaffirmed its previously provided fiscal-year guidance, including non-GAAP adjusted net income per share from continuing operations of $4.30 to $4.45. Analysts project $4.42.

Shares of Scotts Miracle-Gro were up more than 3% in pre-bell activity on Tuesday.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10