Dignity, the U.K.'s second-largest funeral services provider and the biggest private cremation provider, plans to refinance ia whole business securitized completed in 2003.

Standard & Poor’s has assigned preliminary ratings to £581.3 million of securities to be issued under the refinancing.  The class A notes, worth £234.8 million and due 2034, will be rated ‘A’; and the class B notes worth £346.5 million and due 2049 will be rated ‘BBB’.

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