New York, January 26, 2016 -- Moody's Investors Service confirmed the ratings of Acadia Healthcare Company, Inc., including the B1 Corporate Family Rating and B1-PD Probability of Default Rating. Moody's also assigned a Ba2 (LGD 2) rating to the company's proposed $955 million senior secured term loan and a B3 (LGD 5) rating to the proposed offering of $390 senior unsecured notes. The proceeds of the new term loan B and unsecured notes will be used, along with proceeds from a previously completed equity offering, to fund the acquisition of Priory Group No 3 plc (B2 stable). The rating outlook is stable.
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