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Published on 12/12/2017 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Service Corp. calls all $250 million 7 5/8% senior notes due 2018

By Sarah Lizee

Olympia, Wash., Dec. 12 – Service Corp. International issued a notice to redeem all $250 million of its 7 5/8% senior notes due 2018, according to a press release.

The company will use proceeds from a public offering of $550 million 4 5/8% senior notes due 2027 that closed on Tuesday to help fund the redemption.

Bank of New York Mellon Trust Co., NA is the paying agent.

Service Corp. is a Houston-based provider of death care products and services.


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