Scotts Miracle-Gro Extends JPMorgan Receivables Facility Through 2027

Scotts Miracle-Gro has secured an extension of its uncommitted receivables sale facility with JPMorgan Chase Bank. The updated agreement, signed on August 24, 2026, will keep the $750 million program intact through August 31, 2027.

The facility allows for weekly, non-recourse purchases of up to $750 million in eligible receivables from five specified customers. The Scotts Company will handle servicing at a 20 basis points fee.

A limited recourse obligation remains supported by $75 million in standby letters of credit and a performance undertaking.