Laureate Education Announces the Commencement of an Underwritten Public Offering by Selling Stockholders

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[{"type":"text","content":"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 shares of the Company’s common stock by certain existing stockholders affiliated with Kohlberg Kravis Roberts & Co. L.P. (the “Selling Stockholders”). The Company is not selling any shares and will not receive any proceeds from the sale of the shares being offered by the Selling Stockholders. Goldman Sachs & Co. LLC, BTIG, LLC, Loop Capital Markets LLC, Morgan Stanley & Co. LLC, BMO Capital Markets Corp. and Mizuho Securities USA LLC are acting as book-running managers 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 automatically effective upon filing, as amended by the prospectus supplement dated December 10, 2021. A preliminary prospectus supplement relating to the offering described above was filed with the SEC today. The offering will be made only by means of a written prospectus, including a prospectus supplement, that forms part of the registration statement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any state or jurisdiction. The preliminary prospectus supplement and the accompanying prospectus relating to this offering are available at the SEC’s website located at www.sec.gov. Copies of the preliminary prospectus supplement and the accompanying prospectus relating to this offering may also be obtained 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: [email protected]; or BTIG, LLC, 65 E 55th St, New York, NY 10022, email: [email protected]. The final terms of the offering will be disc...

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