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Published on 3/24/2004 in the Prospect News Bank Loan Daily, Prospect News Convertibles Daily and Prospect News High Yield Daily.

S&P says Service Corp. unchanged

Standard & Poor's said Service Corp. International's ratings including its corporate credit at BB- with a stable outlook are unaffected by the company's plan to tender for up to $150 million of its 6% senior unsecured notes.

The large funeral and cemetery provider currently has sufficient resources to undertake this transaction without compromising its credit profile, S&P said.


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