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Stock impact report

SERVICE CORPORATION INTERNATIONAL ANNOUNCES PRICING OF SENIOR NOTES OFFERING

Service Corporation International (SCI) 
Last service corporation international earnings: 4/29 04:15 pm Check Earnings Report
Company Research Source: PR Newswire
HOUSTON, Sept. 12, 2024 /PRNewswire/ -- Service Corporation International (NYSE: SCI) (the "Company") announces that it has priced an underwritten public offering of $800 million aggregate principal amount of 5.75% Senior Notes due 2032. The offering will be made by means of an underwritten public offering pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission (the "SEC"). The Company expects to close the sale of the notes on September 17, 2024, subject to the satisfaction of customary closing conditions.The Company will use net proceeds from the offering to repay the outstanding loans under its revolving credit facility and pay related fees, interest and expenses.Wells Fargo Securities is acting as the lead joint book-running manager for the offering.The offering may be made only by means of a prospectus supplement and accompanying base prospectus. The prospectus supplement will be filed with the SEC and may be found on its website at Show less Read more
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