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Scotts Miracle-Gro to reduce revolver borrowings via new notes
By Taylor Fox
New York, March 11 – Scotts Miracle-Gro Co. plans to reduce borrowings under its senior secured revolving credit facility, according to a news release.
The paydown will be funded using proceeds from Scott’s offering of $500 million senior notes due 2031.
Scotts Miracle-Gro is a Marysville, Ohio-based marketer of branded consumer products for lawn and garden care.
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