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Stock impact report

Service Corporation International Announces Early Results of Tender Offer and Consent Solicitation

Service Corporation International (SCI) 
Last service corporation international earnings: 4/29 04:15 pm Check Earnings Report
Company Research Source: PR Newswire
HOUSTON, May 21, 2019 /PRNewswire/ -- Service Corporation International (NYSE: SCI) (the "Company"), announces today the early results for its previously announced tender offer and consent solicitation. As of 5:00 p.m., New York City time, on May 20, 2019 (the "Consent Date"), the Company had received tenders for approximately $326 million in aggregate principal amount of its outstanding 5.375% Senior Notes due 2022 (CUSIP No. 817565 BZ6 / ISIN US817565BZ69) (the "Notes") (representing approximately 77% of the Notes outstanding at the commencement of the tender offer and consent solicitation).  The Company has exercised its early settlement option to accept for payment all Notes tendered on or prior to the Consent Date, which settlement will occur today concurrently with the closing of the Company's previously announced capital markets transaction.Holders of the accepted Notes who tendered their Notes prior to the Consent Date will receive the total consideration set forth in the tabl Show less Read more
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