Scotts Miracle-Gro SMG Hawthorne — Interest rate (percent)
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Where this comes from
Reported directly by Scotts Miracle-Gro in its filing.
Tagged under the XBRL concept us-gaap:DebtInstrumentInterestRateStatedPercentage.
The source filing: Scotts Miracle-Gro’s 10-K, filed November 25, 2025.
- Filed
- Nov 25, 2025
- Fiscal year
- FY2025
- Accession
- 0000825542-25-000022
On September 30, 2025, the Company completed the divestiture of its Hawthorne professional horticulture business based in the Netherlands for $8.5, which was financed by the Company in the form of a loan bearing interest at 6.0% with a maturity date of December 31, 2029. The seller financing loan is recorded in the “Other assets” line in the Consolidated Balance Sheets and was classified as an investing activity in the Consolidated Statements of Cash Flows. The Company incurred a non tax-deductible loss on the sale of $17.7 in the “Impairment, restructuring and other” line in the Consolidated Statements of Operations during fiscal 2025. The loss included a write-off of accumulated foreign currency translation adjustments of $9.5.
ITEM 16. FORM 10-K SUMMARY
FAQ
- What is Scotts Miracle-Gro's hawthorne — interest rate (percent)?
- Scotts Miracle-Gro (SMG) reported hawthorne — interest rate (percent) of 6% in Q3 2025.
- What does hawthorne — interest rate (percent) mean?
- The effective annual interest rate applied to debt or financing arrangements specifically allocated to the Hawthorne segment. It serves as a measure of the cost of capital and financial risk associated with this business unit.
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