American Public Education, Inc. Completes Full Redemption of its Series A Senior Preferred Stock and Provides Other Capital Structure Updates
American Public Education (Nasdaq: APEI), a leading online and campus-based education provider, has announced several significant capital structure improvements. The company has completed the full redemption of its Series A Senior Preferred Stock for $44.5 million, which includes $1.4 million in accrued dividends, using available cash.
Additionally, the Department of Education has released Rasmussen University's $24.5 million letter of credit, and APEI has completed the sale of two corporate administrative buildings in Charles Town, WV, for $22.4 million. These strategic moves are aimed at improving the company's balance sheet and simplifying its capital structure.
American Public Education (Nasdaq: APEI), un importante fornitore di istruzione online e in presenza, ha annunciato diverse significative migliorie nella struttura del capitale. La societ脿 ha completato il rimborso totale delle sue Azioni Preferenziali Senior di Serie A per un importo di 44,5 milioni di dollari, che include 1,4 milioni di dollari di dividendi maturati, utilizzando la liquidit脿 disponibile.
Inoltre, il Dipartimento dell'Istruzione ha rilasciato la lettera di credito di 24,5 milioni di dollari dell'Universit脿 Rasmussen, e APEI ha completato la vendita di due edifici amministrativi aziendali a Charles Town, WV, per 22,4 milioni di dollari. Queste mosse strategiche mirano a migliorare il bilancio della societ脿 e a semplificare la sua struttura del capitale.
American Public Education (Nasdaq: APEI), un proveedor l铆der de educaci贸n en l铆nea y presencial, ha anunciado varias mejoras significativas en su estructura de capital. La compa帽铆a ha completado el reembolso total de sus Acciones Preferentes Senior Serie A por 44,5 millones de d贸lares, que incluyen 1,4 millones de d贸lares en dividendos acumulados, utilizando efectivo disponible.
Adem谩s, el Departamento de Educaci贸n ha liberado la carta de cr茅dito de 24,5 millones de d贸lares de la Universidad Rasmussen, y APEI ha completado la venta de dos edificios administrativos corporativos en Charles Town, WV, por 22,4 millones de d贸lares. Estas acciones estrat茅gicas buscan mejorar el balance de la compa帽铆a y simplificar su estructura de capital.
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霕愴暅, 甑愳湣攵�電� Rasmussen 雽�頃欔祼鞚� 2,450毵� 雼煬 鞁犾毄鞛レ潉 頃挫牅頄堨溂氅�, APEI電� 鞗姢韸鸽矂歆�雼堨晞欤� 彀办姢韮�鞖挫棎 鞙勳箻頃� 霊� 臧滌潣 氩曥澑 頄夓爼 瓯措鞚� 2,240毵� 雼煬鞐� 毵り皝鞚� 鞕勲頄堨姷雼堧嫟. 鞚措煬頃� 鞝勲灥鞝� 臁办箻電� 須岇偓鞚� 鞛 靸來儨毳� 臧滌劆頃橁碃 鞛愲掣 甑“毳� 雼垳頇旐晿電� 雿� 氇╈爜鞚� 鞛堨姷雼堧嫟.
American Public Education (Nasdaq : APEI), un fournisseur majeur d鈥櫭ヾucation en ligne et en pr茅sentiel, a annonc茅 plusieurs am茅liorations significatives de sa structure de capital. La soci茅t茅 a proc茅d茅 au remboursement int茅gral de ses actions privil茅gi茅es senior de s茅rie A pour un montant de 44,5 millions de dollars, incluant 1,4 million de dollars de dividendes accumul茅s, en utilisant les liquidit茅s disponibles.
Par ailleurs, le D茅partement de l鈥櫭塪ucation a lib茅r茅 la lettre de cr茅dit de 24,5 millions de dollars de l鈥橴niversit茅 Rasmussen, et APEI a finalis茅 la vente de deux immeubles administratifs d鈥檈ntreprise 脿 Charles Town, WV, pour 22,4 millions de dollars. Ces op茅rations strat茅giques visent 脿 am茅liorer le bilan de l鈥檈ntreprise et 脿 simplifier sa structure de capital.
American Public Education (Nasdaq: APEI), ein f眉hrender Anbieter von Online- und Pr盲senzbildung, hat mehrere bedeutende Verbesserungen seiner Kapitalstruktur bekannt gegeben. Das Unternehmen hat die vollst盲ndige R眉ckzahlung seiner Series A Senior Preferred Stock in H枚he von 44,5 Millionen US-Dollar abgeschlossen, einschlie脽lich 1,4 Millionen US-Dollar aufgelaufener Dividenden, und hierf眉r verf眉gbare liquide Mittel verwendet.
Zus盲tzlich hat das Bildungsministerium das 24,5 Millionen US-Dollar umfassende Akkreditiv der Rasmussen University freigegeben, und APEI hat den Verkauf von zwei Verwaltungsgeb盲uden in Charles Town, WV, f眉r 22,4 Millionen US-Dollar abgeschlossen. Diese strategischen Ma脽nahmen zielen darauf ab, die Bilanz des Unternehmens zu verbessern und die Kapitalstruktur zu vereinfachen.
- Full redemption of Series A Senior Preferred Stock simplifies capital structure
- Release of $24.5 million letter of credit improves liquidity position
- Sale of administrative buildings generates $22.4 million in proceeds
- Strong cash position maintained after transactions
- None.
Full Redemption of Series A Senior Preferred Stock
APEI completed the redemption of all outstanding shares of the Company's Series A Senior Preferred Stock for aggregate cash consideration of
Release of Department of Education Letter of Credit
In May 2025, the Department of Education released Rasmussen University's
Completes Sale of Corporate Administrative Office Buildings
On June 27, 2025, APEI completed the sale of two corporate administrative office buildings located in
Angela Selden, President and Chief Executive Officer of APEI, stated, "These recent actions improve our balance sheet and our strong cash position, while simplifying our capital structure, helping to position APEI well to continue to serve our students and deliver ongoing shareholder value."
About American Public Education
(Nasdaq: APEI), through its institutions , , , and , provides education that transforms lives, advances careers, and improves communities.
APUS, which operates through American Military University and American Public University, is the leading educator to active-duty military and veteran students* and serves approximately 88,000 adult learners worldwide via accessible and affordable higher education.
Rasmussen University is a 125-year-old nursing and health sciences-focused institution that serves approximately 14,600 students across its 20 campuses in six states and online. It also has schools of Business, Technology, Design, Early Childhood Education and Justice Studies.
Hondros College of Nursing focuses on educating pre-licensure nursing students at eight campuses (six in
Graduate School
Both APUS and Rasmussen University are institutionally accredited by the (HLC), an institutional accreditation agency recognized by the
*Based on FY 2019 Department of Defense tuition assistance data, as reported by Military Times, and Veterans Administration student enrollment data as of 2024.
**Based on information compiled by the National Council of State Boards of Nursing and
Company Contact
贵谤补苍办听罢耻迟补濒辞
Director, Public Relations
American Public Education, Inc.
[email protected]
571-358-3042
Investor Relations
Brian M. Prenoveau, CFA
MZ North America
Direct: 561-489-5315
[email protected]
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FAQ
What is the total value of APEI's Series A Senior Preferred Stock redemption?
How much did APEI receive from the sale of its Charles Town office buildings?
What happened to Rasmussen University's letter of credit with the Department of Education?
How did APEI fund the redemption of its Series A Senior Preferred Stock?
How many students does APEI serve through its subsidiary institutions?
