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Service Corporation International Announces Effectiveness of Shelf Registration
HOUSTON, June 10 /PRNewswire/ -- Service Corporation International (NYSE: SRV) (SCI) announced today that its registration statement of $1 billion of securities has been declared effective by the Securities and Exchange Commission. It is anticipated that the securities will be issued from time to time through underwriters and may be sold directly to other purchasers or through agents. Except as may be set forth in a prospectus supplement, proceeds from the sale of the securities will be used for general corporate purposes.
As of March 31, 1998, SCI affiliates operated 3,166 funeral service
locations, 398 cemeteries and 166 crematoria. SCI provides funeral and
cemetery services in 18 countries on five continents. SCI's stock is traded on
the New York Stock Exchange. The company's ticker symbol is SRV.