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Acadia Healthcare Announces Launch of $500 Million Senior Notes Offering

1. Acadia raised $500 million in senior notes due 2033. 2. Proceeds will reduce outstanding borrowings under credit facility.

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FAQ

Why Bullish?

Reducing debt improves leverage, potentially enhancing financial stability, similar to past efforts that boosted ACHC's stock.

How important is it?

Debt reduction through new notes is crucial for financial health, impacting share value positively.

Why Short Term?

Investor sentiment may react immediately to news of debt reduction in the near term.

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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.

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