CORAL GABLES, Fla., Dec. 13 /PRNewswire/ -- Ramsay Youth Services, Inc.
(Nasdaq: RYOU) today announced that it has accepted a commitment for a
$5 million financing in subordinated debt. The proceeds will be used for
general corporate purposes. The closing of the financing is subject to the
negotiation and execution of definitive documents and other customary closing
conditions.
SOURCE Ramsay Youth Services, Inc.
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Related links: http://www.ramsay.com
Company News On-Call: http://www.prnewswire.com/comp/116733.html or fax, 800-758-5804, ext. 116733
CONTACT: Isa Diaz, Vice President Corporate Relations, Ramsay Youth Services, Inc., 305-569-4626
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