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ScottsMiracle-Gro redeems $250M in notes, begins share buyback

ScottsMiracle-Gro NYSE:SMG said Tuesday it redeemed $250 million of senior notes, renewed a major financing facility and began buying back shares as the lawn and garden products company works to reduce debt while returning capital to stockholders.The company redeemed all of its 5.25% senior notes d…

SMG

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