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Published on 1/31/2011 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

StoneMor to redeem 12½% series B and C secured notes due August 2012

By Toni Weeks

San Diego, Jan. 31 - StoneMor Partners LP plans to redeem in full its 12½% series B and 12½% series C senior secured notes due Aug. 2012 with the proceeds of its public offering of 2.8 million common units announced Monday, according to a news release.

StoneMor is a Levittown, Pa.-based owner and operator of cemeteries and funeral homes.


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