Acadia healthcare announces launch of $500 million senior notes offering

Franklin, tenn.--(business wire)--acadia healthcare company, inc. (nasdaq: achc) (the “company” or “acadia”) announced today that it has launched a private offering (the “offering”) of $500 million in aggregate principal amount of senior notes due 2033 (the “notes”), subject to market conditions and other considerations. the company intends to use the proceeds from the offering to prepay a portion of the outstanding borrowings under its existing senior secured revolving line of credit. the note.
ACHC Ratings Summary
ACHC Quant Ranking