CARRIAGE SERVICES INC — Form 8-K
Filed September 30, 2026 · analyzed by the 8-K Agent
8-K
— Neutral
significance 28/100
What the filing says
Carriage Services, Inc. entered into a new $300M revolving credit facility dated September 30, 2026, with JPMorgan Chase Bank as administrative agent and Regions Bank and Truist Bank as co-syndication agents. The facility matures September 30, 2031 (or February 14, 2029 if Senior Notes not refinanced by that date). The credit agreement replaces prior facilities and provides revolving loans and letters of credit up to $15M, with standard syndicated lending terms including variable interest rates (SOFR-based or ABR), commitment fees, and comprehensive covenants.
Why this rating
Routine refinancing of existing credit facility. No new capital raised; maturity extends to 2031 with standard market terms. Material in absolute dollars but standard for company this size.
See more from September 30, 2026.
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