Service Corp. amends loan, revising leverage ratio

By Sara Rosenberg

New York, June 20 - Service Corp. International amended its credit facility, changing the maximum permitted leverage ratio, according to an 8-K filed with the Securities and Exchange Commission Wednesday.

In addition, the company also changed the calculation of the leverage ratio and the tests for permitting certain restricted payments.

The amendment was completed on June 14.

JPMorgan is the administrative agent on the deal.

Service Corp. is a Houston-based provider of funeral products and services.

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