ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On
The sale of the Notes to the Purchasers is expected to settle on
The Company intends to use the net proceeds of the offering, together with borrowings under the amended and restated credit facility, which the Company expects to enter into concurrently with the settlement of the sale of the Notes, to redeem all of its existing 6.625% senior notes due 2026.
The Notes will be unsecured, senior obligations of the Company and will bear
interest at a rate of 4.25% per year. Interest will be payable semi-annually in
arrears on
The Notes will be guaranteed on a senior unsecured basis by the Subsidiary Guarantors.
Pursuant to the Purchase Agreement, the Company and the Subsidiary Guarantors have agreed to indemnify the Purchasers against certain liabilities, including liabilities under the Securities Act.
The foregoing description of the Purchase Agreement is not complete and is qualified by reference to the document, which is filed as Exhibit 1.1 to this Current Report on Form 8-K, and is incorporated herein by reference.
ITEM 7.01. REGULATION FD DISCLOSURE
On
In accordance with General Instruction B.2 of Form 8-K, the foregoing information, including Exhibit 99.1, shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall such information, including Exhibit 99.1, be deemed incorporated by reference in any filing under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
The Notes are being offered in a private offering that is exempt from
registration under the Securities Act, and may not be offered or sold in
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits 1.1 Purchase Agreement datedApril 29, 2021 amongCarriage Services, Inc. , theSubsidiary Guarantors and BofA Securities, Inc. , as representative of the several initial purchasers. 99.1 Press Release ofCarriage Services, Inc. datedApril 29, 2021 . 101 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. 104 The cover page from this Current Report on Form 8-K, formatted as Inline XBRL.
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