|The Scotts Miracle-Gro Company Announces Completion of Exchange Offer for 6.625% Senior Notes Due 2020|
MARYSVILLE, Ohio, March 29, 2012 /PRNewswire via COMTEX/ --The Scotts Miracle-Gro Company (NYSE: SMG), the world's largest marketer of branded consumer lawn and garden products, today announced that it has completed its offer to exchange all of its outstanding $200 million aggregate principal amount of 6.625% Senior Notes due 2020 for new 6.625% Senior Notes due 2020 that have been registered under the Securities Act of 1933, as amended.
The exchange offer expired at 5:00 p.m. New York City time on March 26, 2012 (such time and date, the "expiration date"). As of the expiration date, 100% of the 6.625% Senior Notes due 2020 were validly tendered and accepted for exchange.
The exchange offer was made pursuant to a registration rights agreement entered into by the Company when it originally issued the securities in December 2010.
This press release is for informational purposes only and shall not constitute an offer to exchange, nor a solicitation of an offer to exchange, any securities. The exchange offer was made only pursuant to a prospectus for the exchange offer, dated February 27, 2012, and related letter of transmittal, which were filed with the United States Securities and Exchange Commission, and only to such persons and in such jurisdictions as is permitted under applicable law.
SOURCE The Scotts Miracle-Gro Company