Tag: public cemetery company

Finance

StoneMor CEO Joe Redling: “We’re targeting. . acquisitions of both cemeteries and funeral homes in our existing markets”

StoneMor, Inc. released its 1st Quarter financial results on May 13 and with it announced that they had completed their private offering of $400 million in Senior Notes.  There seems to be no doubt that the refinancing and operational results reported in the May 13 report have lifted the spirits of the company. Here’s what CEO Joe Redling said in the 1Q 2021 report, “Earlier this week, we completed a transformational transaction for the Company by fortifying our balance sheet […]