Laureate education announces commencement of asset sale offer to purchase up to $300 million of senior notes

Baltimore, oct. 13, 2020 (globe newswire) -- laureate education, inc. (nasdaq: laur) (the “company”) today announced that it is commencing a cash tender offer (the “asset sale offer”) to purchase up to $300 million aggregate principal amount (the “offer amount”) of its 8.250% senior notes due 2025 (the “notes”), at a purchase price of 100% of the principal amount thereof plus accrued and unpaid interest to, but not including, the purchase date.
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