(Source: SCI - Service Corporation International) HOUSTON, June 17, 2013/PRNewswire/ -- Service Corporation International (NYSE: SCI) (the "Company") announced today that it has commenced a private offering of $425 millionaggregate principal amount of Senior Notes due 2022. The Company intends to use the net proceeds from the offering, together with borrowings under its senior credit facilities and cash on hand, to finance the Company's previously announced acquisition of Stewart Enterprises, Inc. ("Stewart"), including the repayment of certain existing indebtedness of Stewart and the payment of transaction costs. The proceeds from the offering will be placed in...
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