Laureate Education Announces Commencement of Subscribed Public Offering Through Shareholder Sale – GlobeNewswire | Team Cansler

MIAMI, Nov. 16, 2022 (GLOBE NEWSWIRE) — Laureate Education, Inc. (NASDAQ: LAUR) (the “Company”) today announced the commencement of an underwritten secondary offering of 32,842,183 common shares of the Company by certain existing shareholders associated with Kohlberg Kravis Roberts & Co. LP (the “Selling Shareholders”). The Company is not selling shares and will not receive any proceeds from the sale of the shares offered by the Selling Shareholders.

Goldman Sachs & Co. LLC, BTIG, LLC, Loop Capital Markets LLC, Morgan Stanley & Co. LLC, BMO Capital Markets Corp. and Mizuho Securities USA LLC acting as Book-Running Manager and AmeriVet Securities, Inc., Blaylock Van, LLC, Tigress Financial Partners LLC, Roberts & Ryan Investments Inc., Samuel A. Ramirez & Company, Inc., Cabrera Capital Markets LLC, Academy Securities, Inc. and Telsey Advisory Group LLC are acting as co-managers for this offering.

A shelf registration statement on Form S-3ASR was filed with the Securities and Exchange Commission (the “SEC”) on April 23, 2021 and was effective automatically upon filing, as amended by the prospectus supplement dated December 10, 2021. A Preliminary Form The prospectus supplement relating to the offering described above was filed with the SEC today. The offering is being made only by means of a written prospectus, including a prospectus supplement, which forms an integral part of the registration statement. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor may there be any sale of such securities in any state or jurisdiction where such offer, solicitation or sale is pending registration would be unlawful or qualify under the securities laws of any state or jurisdiction.

The preliminary prospectus supplement and accompanying prospectus relating to this offering are available on the SEC’s website at www.sec.gov. Copies of the preliminary prospectus supplement and accompanying prospectus relating to this offering are also available from: Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, Telephone: 1-866-471-2526, Fax: 212-902-9316, Email: prospectus-ny@ny.email.gs.com; or BTIG, LLC, 65 E 55th St, New York, NY 10022 Email: prospectusdelivery@btig.com. The final terms of the offering will be disclosed in a final prospectus supplement to be filed with the SEC.

About Laureate Education, Inc.

Laureate Education, Inc. operates five higher education institutions throughout Mexico and Peru and enrolls more than 400,000 students in quality undergraduate, graduate, and specialty programs through campus-based and online learning. Our universities have a deep commitment to academic quality and innovation, strive for market-leading employability results and work to make higher education more accessible. At Laureate, we know that countries thrive and societies benefit when our students are successful.

Forward-Looking Statements

This press release contains certain statements that constitute “forward-looking statements” within the meaning of the federal securities laws that involve risks and uncertainties. You can identify forward-looking statements by the presence of words such as “believe,” “expect,” “may,” “will,” “should,” “aim,” “about,” “intend,” “plan,” “estimates,” or “anticipates” or similar expressions that address our strategy, plans or intentions. Forward-looking statements are based on the Company’s current expectations and beliefs. Because forward-looking statements address the future, they involve inherent uncertainties, risks, and changes in circumstances that may be material may differ from those contained in the forward-looking statements, which are neither statements of historical fact nor guarantees or representations of future performance Important factors that could cause actual results to differ materially from our expectations are discussed in our February 24, 2022 annual report on Form 10-K filed with the SEC, our quarterly report filed with the SEC en on Form 10-Q, our prospectus supplement disclosed with the SEC and other filings with the SEC.

Investor Relations contact:
ir@laureate.net

Media contacts:

Laureate Education, Inc.
AdamSmith
adam.smith@laureate.net
United States: +1 (443) 255 0724

Source: Laureate Education, Inc.

Leave a Comment