---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-112380"
form_type: "8-K"
ticker: "CSV"
cik: "0001016281"
company_name: "CARRIAGE SERVICES INC"
filed_at: "2026-09-30T20:49:33+00:00"
generated_at: "2026-10-12T14:08:34.379113+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Carriage Services closes $300M revolving credit facility, replaces $250M facility and terminates $100M ATM program

## Summary
- New senior secured revolving credit facility provides up to $300,000,000 and matures September 30, 2031, with springing maturity to February 14, 2029 if 4.25% notes are not refinanced.
- It replaces the existing $250 million facility, which was repaid and terminated on the closing date, increasing committed borrowing capacity by $50 million.
- Borrowings price at Term SOFR plus 1.25% to 2.00%, or alternate base rate plus 0.25% to 1.00%, based on total net leverage; JPMorgan Chase is administrative agent.
- Covenants include maximum total net leverage of 5.00x, adjusted 5.50x for qualifying acquisitions, and minimum fixed charge coverage of 1.20x.
- Carriage also terminates its $100 million at-the-market equity program effective October 4, 2026 and lowers its targeted leverage range to 3.0x-3.5x from 3.5x-4.0x.

## SEC filing metadata
- accession: 0001104659-26-112380
- form_type: 8-K
- ticker: CSV
- cik: 0001016281
- company_name: CARRIAGE SERVICES INC
- filed_at: 2026-09-30T20:49:33+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1016281/000110465926112380/0001104659-26-112380-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1016281/000110465926112380/tm2626597d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-112380
- JSON: https://secwatch.observer/filing/0001104659-26-112380.json
- Plain text: https://secwatch.observer/filing/0001104659-26-112380.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.