Item 8.01. Other Events.
On April 11, 2022, Adtalem Global Education Inc., a Delaware corporation (the
"Company") announced the results of its previously announced offer to purchase
(the "Asset Sale Offer") up to $373,333,000 of its 5.500% Senior Notes due 2028
(the "Notes") for cash at a price equal to 100% of the principal amount of the
Notes, equivalent to $1,000 per $1,000 principal amount of Notes, plus accrued
and unpaid interest and additional interest, if any, for such Notes up to, but
not including, April 11, 2022. The Asset Sale Offer was made pursuant to
indenture governing the Notes (as amended and supplemented, the "Indenture") and
an Offer to Purchase and related Letter of Transmittal, each dated March 14,
2022. As of 5:00 P.M., New York City time, on April 8, 2022 (the expiration date
with respect to the Notes), $373,333,000 principal amount of the Notes,
representing 46.67% of the outstanding principal amount of the Notes, has been
validly tendered and accepted for purchase by the Company.
A copy of the press release announcing the results of the Asset Sale Offer is
attached hereto as Exhibit 99.1 and is incorporated into this Item 8.01 by
reference.
This report does not constitute a notice of redemption under the optional
redemption provisions of the indenture governing the Notes, nor does it
constitute an offer to sell, or a solicitation of an offer to buy, any security.
No offer, solicitation or sale will be made in any jurisdiction in which such an
offer, solicitation or sale would be unlawful.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Press Release of Adtalem Global Education Inc., dated April 11, 2022
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