Scotts Miracle-Gro Files 8-K for Definitive Agreement

TL;DR

SMG filed an 8-K for a new material agreement, check the details.

AI Summary

The Scotts Miracle-Gro Company filed an 8-K on September 3, 2025, reporting an entry into a material definitive agreement and financial statements. The filing date indicates the report was made public on September 3, 2025, with the earliest event reported on August 28, 2025. The company, incorporated in Ohio, is involved in agriculture chemicals.

Why It Matters

This filing indicates a significant new agreement for Scotts Miracle-Gro, which could impact its business operations, financial performance, and strategic direction.

Risk Assessment

Risk Level: medium — Material definitive agreements can introduce new risks or opportunities that may affect the company's financial health and stock performance.

Key Numbers

• 001-11593 — SEC File Number (Identifies the company's filing history with the SEC.)
• 31-1414921 — IRS Employer Identification No. (Company's tax identification number.)

Key Players & Entities

• The Scotts Miracle-Gro Company (company) — Registrant
• Ohio (location) — State of incorporation
• September 3, 2025 (date) — Date of report
• August 28, 2025 (date) — Earliest event reported

FAQ

Key Financial Figures

• $0.01 — nge on which registered Common Shares, $0.01 stated value SMG NYSE Indicate by che
• $750 million — an uncommitted and weekly basis, up to $750 million of a portfolio of available and eligibl
• $75 million — pported by standby letters of credit of $75 million issued pursuant to the Company's senior

Filing Documents

• smg-20250903.htm (8-K) — 37KB
• smg2025-09x038xkxexhibit101.htm (EX-10.1) — 19KB
• 0000825542-25-000008.txt ( ) — 201KB
• smg-20250903.xsd (EX-101.SCH) — 2KB
• smg-20250903_def.xml (EX-101.DEF) — 14KB
• smg-20250903_lab.xml (EX-101.LAB) — 25KB
• smg-20250903_pre.xml (EX-101.PRE) — 15KB
• smg-20250903_htm.xml (XML) — 3KB

01. Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement. On August 28, 2025, The Scotts Miracle-Gro Company, in its capacity as seller representative (the "Company"), entered into that certain Second Amendment to Master Receivables Purchase Agreement (the "Amendment"), by and among the Company and JPMorgan Chase Bank, N.A. (the "Purchaser") to amend that certain Master Receivables Purchase Agreement (as previously amended, the "Master Receivables Purchase Agreement"), by and among The Scotts Company LLC, in its capacity as seller and servicer (the "Seller"), the other subsidiaries of the Company that from time to time become party thereto as a seller and servicer (the "Additional Sellers" and together with the Seller, the "Sellers"), the Purchaser, and, for the limited purpose of a performance undertaking and, as "Seller Representative" (as defined in the Master Receivables Purchase Agreement), the Company, by extending the "Purchase Termination Date" (as defined in the Master Receivables Purchase Agreement) of September 1, 2025 to a new Purchase Termination Date of September 1, 2026, as provided for and permitted under the Master Receivables Purchase Agreement. Under the Master Receivables Purchase Agreement, as amended to date, the Sellers may sell, and the Purchaser may purchase on an uncommitted and weekly basis, up to $750 million of a portfolio of available and eligible outstanding customer accounts receivable (as so amended, the "Receivables Facility"). The eligible accounts receivable to be sold under the Receivables Facility consist of up to $750 million in accounts receivable generated by sales to five specified customers of the Company. The Seller, as the servicer under the Receivables Facility (the "Servicer"), will continue to service the account receivables sold to the Purchaser for a servicer fee of 20 basis points. The Receivables Facility, after giving effect to the Amendment, is an uncommitted facility with a term that expires on September 1, 202

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (a) Financial statements of businesses acquired: Not applicable. (b) Pro forma financial information: Not applicable. (c) Shell company transactions: Not applicable. 2 (d) Exhibits: Exhibit No. Description 10.1 Second Amendment to Master Receivables Purchase Agreement, dated August 28, 2025, by and between The Scotts Miracle-Gro Company to JPMorgan Chase Bank, N.A. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 3 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. THE SCOTTS MIRACLE-GRO COMPANY Dated: September 3, 2025 By: /s/ DIMITER TODOROV Printed Name: Dimiter Todorov Title: Executive Vice President, Chief Legal Officer & Corporate Secretary 4 INDEX TO EXHIBITS Current Report on Form 8-K Dated September 3, 2025 The Scotts Miracle-Gro Company Exhibit No. Description 10.1 Second Amendment to Master Receivables Purchase Agreement, dated August 28, 2025, by and between The Scotts Miracle-Gro Company to JPMorgan Chase Bank, N.A. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 5

View Full Filing

View this 8-K filing on SEC EDGAR