debt
confidence high
sentiment neutral
materiality 0.55
SCI issues $800M of 5.750% Senior Notes due 2032 to repay revolver
SERVICE CORP INTERNATIONAL
- $800M aggregate principal of 5.750% senior notes maturing in 2032.
- Net proceeds used to repay outstanding loans under revolving credit facility and pay fees/interest.
- Notes issued under a Nineteenth Supplemental Indenture dated September 17, 2024.
- Wells Fargo Securities acted as lead joint book-running manager.