"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