Education Management Lenders Get Control in Debt Swap – Bloomberg

Education Management Lenders Get Control in Debt Swap
Bloomberg
In return the lenders would get a preferred equity stake convertible to common shares and warrants for the purchase of additional stock, according to the statement. Existing shareholders would see their stake cut to 4 percent after the conversion of
Education Management (EDMC) Reaches Agreement with Debt Holders Over StreetInsider.com (subscription)
Education Management restructuring to lower debt by $1.1 blnReuters

all 9 news articles

…read more

Scroll to Top