Universal Health Services Inc. Announces $250 Million Offering

Universal Health Services, Inc. UHS today announced an offering of $250.0 million aggregate principal amount of senior unsecured notes due 2018. The Notes will initially be issued by UHS Escrow Corporation, a wholly owned subsidiary of UHS, to fund a portion of the purchase price of the previously announced acquisition by UHS of Psychiatric Solutions, Inc. At the time of the closing of the acquisition, the net proceeds of the offering are expected to be released from escrow, and the Notes will become obligations of UHS.