Acadia Healthcare Prices $150 Million Senior Unsecured Notes

Thu Mar 7, 2013 12:28pm EST

* Reuters is not responsible for the content in this press release.

http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130307:nBw076076a

FRANKLIN, Tenn.--(Business Wire)--
Acadia Healthcare Company, Inc. (NASDAQ: ACHC) today announced the pricing of
$150 million in senior unsecured notes due 2021 (the "Notes") in a private
offering that is exempt from the registration requirements of the Securities Act
of 1933, as amended (the "Securities Act"). The Notes will be sold to investors
at a price of 100% of the principal amount thereof and will bear interest at a
rate equal to 6.125% per annum. The sale of the Notes is expected to close on
March 12, 2013, subject to customary closing conditions. The Company intends to
use the net proceeds from the offering for general corporate purposes, which may
include acquisitions. 

The Notes are to be offered only to qualified institutional buyers in reliance
on Rule 144A under the Securities Act and outside the United States only to
non-U.S. persons pursuant to Regulation S. 

This press release shall not constitute an offer to sell or the solicitation of
an offer to buy any security and shall not constitute an offer, solicitation or
sale in any jurisdiction in which such offer, solicitation or sale would be
unlawful. 

Forward-Looking Statements

This news release contains forward-looking statements. Generally words such as
"may," "will," "should," "could," "anticipate," "expect," "intend," "estimate,"
"plan," "continue," and "believe" or the negative of or other variation on these
and other similar expressions identify forward-looking statements. These
forward-looking statements are made only as of the date of this news release.
The Company does not undertake to update or revise the forward-looking
statements, whether as a result of new information, future events or otherwise.
Forward-looking statements are based on current expectations and involve risks
and uncertainties and Acadia`s future results could differ significantly from
those expressed or implied by the forward-looking statements. 

About Acadia

Acadia is a provider of inpatient behavioral healthcare services. Acadia
operates a network of 44 behavioral health facilities with over 3,400 licensed
beds in 21 states. Acadia provides psychiatric and chemical dependency services
to its patients in a variety of settings, including inpatient psychiatric
hospitals, residential treatment centers, outpatient clinics and therapeutic
school-based programs.

Acadia Healthcare Company, Inc.
Brent Turner, 615-861-6000
President 

Copyright Business Wire 2013

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.