Cambium buys back $5 million 9¾% senior secured notes for $5.1 million

New York, April 25 - Cambium Learning Group, Inc. repurchased $5 million of its 9¾% senior secured notes for $5.1 million plus accrued interest, the company disclosed in an 8-K filing with the Securities and Exchange Commission Friday.

The transaction, with GoldenTree Asset Management, settled on Friday.

Cambium also repurchased $2 million of the notes in the open market during March at par.

Cambium is a Dallas-based education services provider focused on at-risk and special needs students.

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