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Prospect News home > News index > List of issuers Tenders > Headlines for 2014 > News item
Published on 10/21/2014 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Cambium buys back $10 million 9¾% secured notes for $9.9 million

By Marisa Wong

Madison, Wis., Oct. 21 – Cambium Learning Group, Inc. repurchased $10 million of its 9¾% senior secured notes for $9.9 million plus accrued interest, according to an 8-K filing with the Securities and Exchange Commission.

The transaction settled on Oct. 20, leaving $155 million of the 9¾% outstanding.

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


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