Form 8-K/A ITT EDUCATIONAL SERVICES For: Dec 01

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ITT Educational Services (ESI) Enters $100M Term Loan Agreement with Cerberus Business

December 5, 2014 9:28 AM EST

ITT Educational Services (NYSE: ESI) disclosed the following on Friday.

On December 4, 2014, ITT Educational Services, Inc. (the "Company") and certain of its subsidiaries entered into a Financing Agreement (the Financing Agreement) with Cerberus Business Finance, LLC, as administrative agent and collateral agent, and the lenders party thereto. Under the Financing Agreement, the Company... More