Laureate Education, Inc. Announces Repayment of Term Loan Debt and Successful Repricing
Laureate Education, Inc. (LAUR)
Last laureate education, inc. earnings: 2/27 07:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
investors.laureate.net
Company Research
Source: GlobeNewswire
BALTIMORE, Feb. 01, 2018 (GLOBE NEWSWIRE) -- Laureate Education, Inc. (NASDAQ:LAUR) (the “Company”) announced today that it has amended its second amended and restated credit agreement to reduce the applicable interest rate on its term loans constituting Series 2024 Term Loans, which term loans are the only outstanding class or series of term loans under the second amended and restated credit agreement. The Company also announced that, as of January 19, 2018, it paid down $350 million of the principal outstanding under the term loans, resulting in principal outstanding of $1,238 million. Under the amendment, the interest rate margin applicable to the outstanding term loans has been reduced by 100 basis points from 4.50% to 3.50% for LIBOR term loans and 3.50% to 2.50% for alternate base rate term loans. The interest rate reduction and decrease in principal outstanding are expected to generate annualized interest expense savings of approximately $33.6 million. “We are pleased to an
Show less
Read more
Impact Snapshot
Event Time:
LAUR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LAUR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LAUR alerts
High impacting Laureate Education, Inc. news events
Weekly update
A roundup of the hottest topics
LAUR
News
- Is Laureate Education (LAUR) Stock Undervalued Right Now? [Yahoo! Finance]Yahoo! Finance
- Education Services Stocks Q4 In Review: Laureate Education (NASDAQ:LAUR) Vs Peers [Yahoo! Finance]Yahoo! Finance
- Is Laureate Education, Inc.'s (NASDAQ:LAUR) Latest Stock Performance A Reflection Of Its Financial Health? [Yahoo! Finance]Yahoo! Finance
- Laureate Education Announces Date of First Quarter 2024 Earnings Release and Conference CallGlobeNewswire
- Laureate Education to Participate at Upcoming Conferences in AprilPR Newswire
LAUR
Earnings
- 2/22/24 - Miss
LAUR
Analyst Actions
- 2/27/24 - TheStreet
LAUR
Sec Filings
- 4/19/24 - Form ARS
- 4/19/24 - Form DEFA14A
- 4/19/24 - Form DEF
- LAUR's page on the SEC website