Moody's assigns B1 rating to Scotts' proposed senior unsecured notes; outlook is stable
Rating Action: Moody's assigns B1 rating to Scotts' proposed senior unsecured notes; outlook is stable. Global Credit Research- 08 Oct 2019. New York, October 08, 2019-- Moody's Investors Service today assigned a B1 rating to The Scotts Miracle-Gro Company's proposed $400 million senior unsecured notes due 2029. Net proceeds from the issuance will be used to refinance existing debt and pay fees and expenses associated with the transaction.
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