Laureate Education to Offer $300 Million for Senior Toggle Notes

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Doug Becker of Laureate Education

Laureate Education, Inc., a Baltimore-based education company, has commenced an offer to purchase up to $300 million of its outstanding 10.25 percent/11 percent Senior Toggle Notes due 2015.

If Notes are validly tendered and not withdrawn such that the principal amount tendered exceeds the Maximum Tender Amount, only the Maximum Tender Amount will be accepted for purchase and the amount of Notes purchased will be prorated based on the aggregate principal amount of Notes validly tendered and not withdrawn in the Offer.  The Company reserves the right to modify the Maximum Tender Amount in its sole discretion.

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