Porter Hedges Represents Carriage Services in its $400 Million Private Offering of Senior Notes and Entry into Amended and Restated Credit Facility

Firm News
05.14.2021

Porter Hedges represented Carriage Services, Inc. (“Carriage Services”) in connection with its private offering of $400 million aggregate principal amount of 4.25% senior notes due 2029.

Simultaneously with the closing of the senior notes offering, Carriage Services also entered into an amended and restated senior secured revolving credit facility with commitments of $150 million in order to provide ongoing working capital and for general corporate purposes.

About Carriage Services

Carriage Services is a leading provider of funeral and cemetery services and merchandise in the United States. Carriage operates 173 funeral homes in 26 states and 32 cemeteries in 12 states.

For additional information, please see the Carriage Service press release here.