Carriage Services (CSV) said Wednesday it has obtained a new $300 million senior secured revolving credit facility.

The facility replaces a $250 million senior secured revolving credit facility, the company said.

The facility offers more flexibility to back working capital, capital expenditures, acquisitions, refinancing deals, and general corporate purposes, it said.

Separately, Carriage Services said it is terminating its $100 million at-the-market equity offering program, effective Oct. 4.