Form 8-K EDUCATION MANAGEMENT For: Aug 27

Go back to Form 8-K EDUCATION MANAGEMENT For: Aug 27

Education Management (EDMC) Units Commence Consent Solicitation to Amend Notes Indenture

August 28, 2014 6:26 AM EDT

Education Management LLC and Education Management Finance Corp., each indirect wholly-owned subsidiaries of Education Management Corporation (Nasdaq: EDMC), announced that they have commenced a solicitation of consents (the "Consent Solicitation") to amend the indenture governing their Senior Cash Pay/PIK Notes Due 2018.

The Consent Solicitation is being made in accordance with the terms and subject to the conditions stated in the Consent Solicitation Statement, dated August 27, 2014 (the "Consent Solicitation Statement") and the related Master Consent (the "Master Consent" and together with the Consent Solicitation Statement, the "Consent Solicitation Documents"), to... More

Education Management LLC's (EDMC) Debt Restructuring is Credit-Negative Event - Moody's

August 27, 2014 4:50 PM EDT

Education Management LLC's, an indirect subsidiary of Education Management (Nasdaq: EDMC), debt restructuring plan is credit negative, but will not result in an immediate change in the company's ratings or outlook. Education Management has a Caa3 corporate family rating (CFR) and a Caa3-PD... More