Acadia Healthcare to prepay outstanding borrowings under term loan B

By Taylor Fox

New York, Sept. 29 – Acadia Healthcare plans to prepay outstanding borrowings under its existing term loan B facility tranche B-3 using proceeds from its private offering of senior notes due 2029, according to a news release.

All remaining proceeds will be used for general corporate purposes, which may include additional debt repayment and to pay related fees and expenses.

The Franklin, Tenn.-based company operates a network of behavioral health centers.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.