Porter Hedges Represents Carriage Services in its $75 Million Senior Notes Offering and Amendment to its Credit Facility
Porter Hedges represented Carriage Services, Inc. (“Carriage Services”) in connection with its private offering of an additional $75 million aggregate principal amount of 6.625% senior notes due 2026.
In addition to the closing of the notes offering, the Company further amended its existing senior secured revolving credit facility which increased commitments to $190 million in order to provide ongoing working capital and for general corporate purposes.
About Carriage Services
Carriage Services is a leading provider of deathcare services and merchandise in the United States. Carriage operates 187 funeral homes in 29 states and 30 cemeteries in 11 states.
For additional information, please see the Carriage Service press release here.