Thread regarding Laureate Education layoffs

Stock repurchase program. Sale of schools in Chile and Malaysia

"Laureate Education starts a tender offer to repurchase up to $300M principal amount of its 8.250% senior notes due 2025. The offering is pursuant to the indenture on the notes as a result of the company's sale of its operations in Chile and Malaysia. Cash proceeds from asset sales will be used to source the purchase."

https://seekingalpha.com/news/3621671-laureate-education-offers-to-repurchase-300m-of-senior-notes-from-assets-sale

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