 HOUSTON, July 27, 2021 GLOBE NEWSWIRE -- Carriage Services, Inc. NYSE: CSV Mel Payne, Chairman and CEO, stated, After our highly successful refinancing of 400 million 6.625 senior notes into a new issue of eight year 400 million 4.25 senior notes on May 13, 2021, we have continued to execute our funeral and cemetery portfolio operations and sales performance at an extraordinarily high level even as we have moved into a more normalized post COVID-19 Pandemic Crisis death rate environment during the second quarter. We are now positioned to optimize long term shareholder value creation through continued outstanding execution of our operating and strategic acquisition models and savvy, disciplined and flexible capital allocation of our recurring and increasing Free Cash Flow into high return investments over the next eight years, while simultaneously maintaining a moderate leverage profile of 4 times Debt to EBITDA Ratio or less. 