The Scotts Miracle‑Gro Company Redeems $250M 2026 Senior Notes

What Happened
The Scotts Miracle‑Gro Company announced it redeemed all $250.0 million aggregate principal of its outstanding 5.250% Senior Notes due 2026 on the Redemption Date of September 11, 2026. The redemption was made pursuant to the indenture governing the notes at a redemption price equal to principal plus accrued and unpaid interest through the Redemption Date. As of that date the notes were no longer outstanding, interest on the notes ceased to accrue, and holders’ rights under the notes ended except for the right to receive the redemption price. The company furnished a press release about the redemption as Exhibit 99.1 to its Form 8‑K filed September 15, 2026.

Key Details

• Redemption date: September 11, 2026.
• Amount redeemed: $250.0 million aggregate principal of 5.250% Senior Notes due 2026.
• Redemption price: principal plus accrued and unpaid interest to the Redemption Date.
• Effect: the 5.250% Senior Notes are no longer outstanding and no longer accrue interest; press release furnished as Exhibit 99.1 to the 8‑K filed Sept. 15, 2026.

Why It Matters
This action removes $250.0 million of the company’s outstanding debt and ends the related 5.250% interest obligation, which directly affects the company’s debt profile and future interest payments. For investors, the redemption is a concrete capital-structure change disclosed in the 8‑K; it may influence measures such as net debt and interest expense going forward and is a material corporate finance event the company has formally reported.