Service Corp. to draw on credit facility for senior notes buyback

By Sara Rosenberg

New York, Nov. 5 - Service Corp. International plans on using about $9.6 million of borrowings under its credit facility to help fund the redemption of 7 3/8% senior notes due 2014, according to a news release.

Remaining funds for the redemption will come from a $200 million senior notes offering.

Service Corp. is a Houston-based provider of deathcare products and services.

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