Carriage Services, Inc. (CSV) Secures New $300M Revolving Credit Facility

Carriage Services closed a new $300M senior secured revolver, replacing a $250M facility. Maturity is Sept. 30, 2031 with a springing feature tied to 4.25% notes due 2029; pricing steps down with leverage and is expected to cut borrowing margin by ~50 bps below 4.0x.Material DetailsContext by AI An…