Carriage Services to repay revolver debt via add-on note proceeds

By Sarah Lizee

Olympia, Wash., Dec. 5 – Carriage Services, Inc. plans to repay debt under its revolving credit facility using proceeds from new add-on notes, according to a press release.

The company announced Thursday that it plans to offer a $75 million add-on to its 6 5/8% senior notes due 2026.

Proceeds from the offering may also be used for acquisitions.

Carriage Services is a Houston-based provider of death care services and products.

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