Brief: Laureate Education Entered Into An Amendment To Third Amended And Restated Credit Agreement

Laureate Education

20/09/2023 22:22

Sept 20 (Reuters) - Laureate Education Inc  LAUR.O :
    * LAUREATE EDUCATION INC - ON SEPTEMBER 18, ENTERED INTO AN
AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT
    * LAUREATE EDUCATION INC - AMENDED CREDIT AGREEMENT PROVIDES
FOR
$145 MILLION OF REVOLVING CREDIT LOANS MATURING OCTOBER 2024
    * LAUREATE EDUCATION INC -  MATURITY DATE FOR THE AMENDED
CREDIT
AGREEMENT IS SEPTEMBER 18, 2028
    * LAUREATE EDUCATION - AGREEMENT PROVIDES FOR $155 MILLION
REVOLVING CREDIT LOANS UNDER SERIES 2028 TRANCHE FOR $300
MILLION AGGREGATE REVOLVING CREDIT FACILITY
    * LAUREATE EDUCATION - AS SUBFACILITY UNDER REVOLVING CREDIT
FACILITY, AMENDED AGREEMENT PROVIDES FOR LETTER OF CREDIT
COMMITMENTS IN AMOUNT OF $10 MILLION


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