Stonemor Partners LP (Nasdaq:STON) announced that it had increased its available, secured credit from $100 million to $120 million. The company viewed this credit increase as a positive as it improves the company's liquidity. "Increasing our secured credit is a great benefit to our business and especially our unitholders," said Lawrence Miller, CEO of StoneMor. "The action helps us to grow our pre-need sales business and to execute other vital components of our growth strategy," said Miller.

StoneMor Partners L.P., together with its subsidiaries, engages in the ownership and operation of cemeteries in the United States.

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