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Service Corporation International Announces Effectiveness Of Shelf Registration
HOUSTON, Sept. 5 /PRNewswire/ -- Service Corporation International (SCI) (NYSE: SRV) announced today that its registration statement relating to up to $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.
Service Corporation International is the largest funeral home and cemetery
organization in the world, with 2,832 funeral service locations, 331
cemeteries and 146 crematoria as of June 30, 1996. SCI provides funeral and
cemetery services in North America, Europe and the Pacific Rim. SCI's stock
is traded on the New York Stock Exchange. The company's ticker symbol is SRV.