Davis Polk advised the representative of the initial purchasers of a Rule 144A/Regulation S offering by Acadia Healthcare Company, Inc. of $450 million aggregate principal amount of its 5.500% senior notes due 2028. The notes are guaranteed by Acadia’s domestic subsidiaries that guarantee its senior secured credit facility.

Based in Franklin, Tennessee, Acadia provides inpatient behavioral healthcare services in the United States and the United Kingdom for children, adolescents and adults through a combination of acute inpatient behavioral facilities and residential treatment centers. As of March 31, 2020, Acadia operated 588 behavioral healthcare facilities with approximately 18,200 beds in 40 states, the United Kingdom and Puerto Rico.

The Davis Polk capital markets team included partner Michael Kaplan and associates Dan Gibbons, Amy Mao and Chelsea Renter. The tax team included partner Po Sit and associate Daniel L. Jose. All members of the Davis Polk team are based in the New York office.

Copy link to share post