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Service Corp. International Unveils Senior Notes Offering

05/10/2021 09:33

01:18 PM EDT, 05/10/2021 (MT Newswires) -- Service Corp International (SCI) said Monday it plans an underwritten public offering of $800 million aggregate principal amount of senior notes, subject to market and other conditions.

Net proceeds will be used for the full redemption of the company's 8% senior notes due 2021, repayment of its revolver and payment of related fees, interest and expenses, with any remainder allocated for general corporate purposes.

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