Adtalem Global Education makes asset sale offer for 5½% senior notes

Chicago, March 14 – Adtalem Global Education Inc. is offering to buy up to $373,333,000 of its 5½% senior notes due 2028 (Cusips: 00737WAA7, U00740AA5), according to a press release.

The company will use a portion of the net cash proceeds from its previously announced divestiture of its financial services segment.

The offer will expire at 5 p.m. ET on April 8.

Noteholders who tender their notes by the deadline will receive par plus interest.

Tender may be subject to proration, purchase by lot or any other method the trustee deems fair and appropriate.

U.S. Bank Trust Co., NA is the depositary and paying agent (cts.specfinance@usbank.com).

Adtalem is a Chicago-based health care educator and provider of professional talent to the health care industry.

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