{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-042573","form_type":"8-K","ticker":"ACHC","cik":"0001520697","company_name":"Acadia Healthcare Company, Inc.","filed_at":"2025-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.873773+00:00","generated_at":"2026-05-25T23:00:36.570837+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Acadia Healthcare enters $1.65B senior secured credit facility, extends maturities to 2030","bullets":["New $1B revolver and $650M term loan, both due Feb 28, 2030; replaces $600M revolver and term loan due Mar 2026.","On closing, $650M term loan fully drawn and $550M revolver drawn; used to refinance $1.156B existing debt.","Interest at SOFR + 1.375%-2.250% or base rate + 0.375%-1.250% based on leverage; commitment fee 0.20%-0.35%.","Covenants: Total Net Leverage ≤ 5.0x (up to 5.5x for acquisitions), Interest Coverage ≥ 3.0x.","Term loan amortization starts at 2.5% in year 1, rises to 10% in year 5; secured by substantially all assets excluding realty."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-042573","json":"https://secwatch.observer/filing/0001193125-25-042573.json","markdown":"https://secwatch.observer/filing/0001193125-25-042573.md","text":"https://secwatch.observer/filing/0001193125-25-042573.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1520697/000119312525042573/0001193125-25-042573-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1520697/000119312525042573/d922354d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T23:00:36.570837+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}