Porter Hedges Represents Carriage Services in its $75 Million Senior Notes Offering and Amendment to its Credit Facility
Firm News
12.19.2019
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.
Attorneys
- Partner
- Senior Counsel
- Co-Managing Partner
- Staff Attorney