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Rating Action: Moody's downgrades TruGreen's CFR to B3; outlook is stableGlobal Credit Research - 19 Aug 2022Approximately $1.7 billion of debt securities affectedNew York, August 18, 2022 ...
TruGreen, originally known as ChemLawn and later as TruGreen ChemLawn, is the largest lawn treatment company in the United States. [ 1 ] [ 2 ] [ 3 ] The company was founded in 1969 and provides lawn care and tree and shrub care treatments on a subscription basis (except in New York where it is by contract basis). [ 4 ]
The nation's largest lawn and landscape care company lured consumers to sign up for its services using deceptive pre-pay offers, then didn't cancel when asked, applied pesticides without ...
The Scotts Miracle-Gro Company retained a 30% stake in the company after the merger, with the option to buy the operations back in the future from TruGreen. In 2019, Scotts Miracle-Gro sold its 30% minority stake in TruGreen for approximately $234 million.
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