Carriage Services (CSV) Announces Balance Sheet Recapitalization, Update to Rolling Q4 Outlook
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Carriage Services Announces Balance Sheet Recapitalization and Update to Rolling Four Quarter Outlook
June 5, 2018 4:30 PM EDTHOUSTON, June 05, 2018 (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE: CSV) (Carriage Services or the Company) today announced the completion of its balance sheet recapitalization and an update to its Rolling Four Quarter Outlook.
Mel Payne, Chief Executive Officer, stated, We have major long term 'turning point' good news to report for our Company. Over the last five weeks we have executed a balance sheet recapitalization involving $550 million of new financing that our senior leadership team and Board of Directors believe financially positions Carriage for unprecedented growth in... More
