AAC HOLDINGS, INC. (NYSE:AAC) Files An 8-K Entry into a Material Definitive Agreement

AAC HOLDINGS, INC. (NYSE:AAC) Files An 8-K Entry into a Material Definitive Agreement

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Item1.01.

Entry into a Material Definitive Agreement.

On February27, 2017, AAC Holdings, Inc., a Nevada corporation
(the Company), entered into that certain Fourth Amendment to
Credit Agreement (the Fourth Amendment), amending the Credit
Agreement dated as of March9, 2015, by and among the Company,
certain subsidiaries of the Company, as Guarantors, the Lenders
party thereto and Bank of America, N.A., in its capacities as
Administrative Agent, Swingline Lender and L/C Issuer (each as
defined in the Credit Agreement), as amended by that certain
First Amendment to the Credit Agreement, dated as of June16,
2015, that certain Second Amendment to the Credit Agreement and
Waiver, dated as of October2, 2015, and that certain Third
Amendment to the Credit Agreement and Lender Joinder Agreement,
dated as of July13, 2016 (collectively, the Credit Agreement).

The Fourth Amendment modifies the Credit Agreement to, among
other things, provide for certain modifications to the terms of
the Credit Agreement, including the following: (i)extend the
maximum Consolidated Total Leverage Ratio (as defined in the
Credit Agreement) of 4:25:1.00 through the measurement period
ending September30, 2017; and (ii)amend the definition of
Applicable Margin (as defined in the Credit Agreement) to add an
additional pricing level of 3.75% for Eurodollar Rate Loans and
Letter of Credit Fee, 2.75% for Base Rate Loans and 0.60% for
Commitment Fee (as all such terms are defined in the Credit
Agreement), which will be applicable when the Consolidated Total
Leverage Ratio is equal to or exceeds 4.00:1.00 at the end of the
applicable measuring period (the New Pricing Level) and to
provide that the Applicable Rate (as defined in the Credit
Agreement) would be set at the New Pricing Level from the date of
the Amendment until the first business day following the date the
Company delivers it next Compliance Certificate (as defined in
the Credit Agreement).

The foregoing description of the Fourth Amendment does not
purport to be a complete description of the parties rights and
obligations under the Fourth Amendment. The above description is
qualified in its entirety by reference to the complete Fourth
Amendment, a copy of which is filed herewith asExhibit 10.1and is
incorporated herein by reference.

Item2.03. Creation of a Direct Financial Obligation or an
Obligation under an Off-Balance Sheet Arrangement of a
Registrant.

The information included in Item1.01 above is incorporated by
reference into this Item2.03.

Item9.01. Financial Statements and Exhibits.
(d) Exhibits.
10.1 Fourth Amendment to Credit Agreement, dated as of February27,
2017, by and among AAC Holdings, Inc., the Guarantors party
thereto, the Lenders party thereto and Bank of America, N.A.,
as Administrative Agent, Swingline Lender and L/CIssuer.


About AAC HOLDINGS, INC. (NYSE:AAC)

AAC Holdings, Inc. is a provider of inpatient and outpatient substance abuse treatment services for individuals with drug and alcohol addiction. The Company performs drug testing and diagnostics laboratory services and provides physician services to its clients. As of June 30, 2016, the Company operated 12 residential substance abuse treatment facilities located throughout the United States, focused on delivering clinical care and treatment solutions across 1,139 beds, which includes 636 licensed detoxification beds, and 18 standalone outpatient centers. In addition, the Company focuses on expanding The Oxford Centre facility. As of June 30, 2016, the Company’s capacity at its Forterus treatment facility was 14 beds. The Company is engaged in deploying research-based treatment programs with structured curricula for detoxification, residential treatment, partial hospitalization and intensive outpatient care. The Company is also an Internet marketer in the addiction treatment industry.

AAC HOLDINGS, INC. (NYSE:AAC) Recent Trading Information

AAC HOLDINGS, INC. (NYSE:AAC) closed its last trading session up +0.01 at 7.59 with 173,443 shares trading hands.

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