---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-165282"
form_type: "8-K"
ticker: "CSV"
cik: "0001016281"
company_name: "CARRIAGE SERVICES INC"
filed_at: "2022-06-01T23:59:59+00:00"
generated_at: "2026-06-25T05:19:16.240890+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Carriage Services amends credit facility: revolver raised to $250M, leverage cap to 5.25x

## Summary
- Revolving credit commitments increased from $200M to $250M; $180.3M drawn as of May 27, 2022.
- Maximum Total Leverage Ratio raised to 5.25:1.00, providing additional financial flexibility.
- Pricing grid modified: new BSBY benchmark replaces LIBOR; applicable rate tied to leverage level.
- Restricted payments covenant eased to permit additional stock repurchases subject to conditions.
- Borrower had $67.4M available for borrowing after $2.3M of outstanding letters of credit.

## SEC filing metadata
- accession: 0001193125-22-165282
- form_type: 8-K
- ticker: CSV
- cik: 0001016281
- company_name: CARRIAGE SERVICES INC
- filed_at: 2022-06-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1016281/000119312522165282/0001193125-22-165282-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1016281/000119312522165282/d535125d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-165282
- JSON: https://secwatch.observer/filing/0001193125-22-165282.json
- Plain text: https://secwatch.observer/filing/0001193125-22-165282.txt

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