2u takes strategic action to significantly strengthen balance sheet and position company for innovation and growth

Company enters into agreement with its debtholders to eliminate over 50% of its debt and infuse approximately $110 million of new capital into the business, enabling 2u to invest further in its mission all educational programs and services to continue seamlessly with no interruption for partners or learners lanham, md. , july 25, 2024 /prnewswire/ -- 2u, inc. ("2u" or the "company"), a global leader in online education, today announced that it has initiated a financial transaction to strengthen its balance sheet and position the company to advance its mission of making high-quality education accessible to learners around the world.
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