Item 8.01. Other Events.
On May 4, 2009, Psychiatric Solutions, Inc. (the "Company") announced that it
intends to offer $120 million aggregate principal amount of a new issue of 73/4%
Senior Subordinated Notes due 2015 (the "Notes"). The Company intends to use the
net proceeds of the offering to repay current borrowings under its revolving
credit facility and pay related fees and expenses.
The Notes have not been registered under the Securities Act of 1933 (the
"Securities Act"), and, unless so registered, may not be offered or sold in the
United States absent registration or an applicable exemption from, or in a
transaction not subject to, the registration requirements of the Securities Act
and other applicable securities laws.
The text of the press release is attached as Exhibit 99 to this Current
Report on Form 8-K and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
99 Press release of Psychiatric Solutions, Inc., dated May 4, 2009.
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