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StoneMor Partners files for $115 mln shelf offering

Tue Jul 10, 2007 4:27pm EDT

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WASHINGTON, July 10 (Reuters) - StoneMor Partners LP (STON.O) filed with regulators on Tuesday to periodically sell up to $115 million in common units.

Regulatory News  |  IPOs

The owner and operator of cemeteries said it will use the proceeds from the shelf offering for general partnership purposes, including acquisitions, working capital, capital expenditures and debt repayment.

Under a shelf registration, a company may sell securities in one or more separate offerings with the size, price and terms to be determined at the time of sale.

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