Almost Family Inc. is now offering 3 million common shares at $44.50 apiece, instead of the 2.5 million shares previously announced.

The offering is expected to raise approximately $125.5 million in net proceeds, which will be used to extinguish outstanding debt under the company's revolving credit facility.

The company also granted the underwriters a 30-day option to purchase up to an additional 450,000 shares.

J.P. Morgan Securities LLC and BofA Merrill Lynch are acting as joint book-running managers for the offering, while Capital One Securities Inc., Fifth Third Securities Inc. and Regions Securities LLC are acting as co-managers.