Laureate education announces the pricing of an underwritten public offering by selling stockholders

Miami, nov. 18, 2022 (globe newswire) -- laureate education, inc. (nasdaq: laur) (the “company”) today announced the pricing of the underwritten secondary offering by certain existing stockholders affiliated with kohlberg kravis roberts & co. l.p. (the “selling stockholders”) of 32,842,183 shares of the company's common stock. the selling stockholders have agreed to sell the shares of our common stock pursuant to this secondary offering at a public offering price of $9.75 per share. the company is not selling any shares and will not receive any proceeds from the sale of the shares being offered by the selling stockholders. the offering is expected to close on november 22, 2022 and is subject to customary closing conditions.
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