Acadia Healthcare Company Inc Completes Offering Of $150 Million Senior Unsecured Notes


Tuesday, 12 Mar 2013 04:01pm EDT 

Acadia Healthcare Company Inc announced the completion of the offering of $150 million in senior unsecured notes due 2021 in a private offering that was exempt from the registration requirements of the Securities Act of 1933, as amended. The Notes were sold to investors at a price of 100% of the principal amount thereof and bear interest at a rate equal to 6.125% per annum. The Company intends to use the net proceeds from the offering for general corporate purposes, which may include acquisitions. The Company also announced the redemption of $52.5 million in principal amount of its 12.875% Senior Notes due 2018 with proceeds from its public equity offering in December 2012. The redemption price was equal to 112.875% of the principal amount thereof, plus accrued and unpaid interest to the redemption date. 

Company Quote

62.92
0.34 +0.54%
24 Dec 2014