Event Details

January 06, 2005

Description

Execution of promissory note for KinderCare acquisition

Participants (2)

Name Type Mentions
KU Education, Inc. organization 4 View Entity
KULG organization 27 View Entity

Source Documents (1)

HOUSE_OVERSIGHT_024507.jpg

Corporate Financial Report / Prospectus Page • 1.93 MB
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This document page details the management team and advisory board of Knowledge Universe Education (KUE), listing Lowell and Michael Milken as co-founders. It outlines two major financial instruments: a $200 million promissory note payable to KULG related to the acquisition of KinderCare, and a $150 million term loan from Credit Suisse used to repay debt owed to entities controlled by Michael Milken. The document is stamped with House Oversight markings.

Related Events

Events with shared participants

Start date for quarterly installment payments from KUE to KULG.

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Commencement of quarterly installments for the $20 million Fixed Overhead Payment.

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Commencement of $20 million annual payments from KUE to KULG.

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Start of Stephen Goldsmith's three-year employment agreement.

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Start of Ted Sanders' 24-month consulting agreement.

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Commencement of $20 million annual Fixed Overhead Payment from KUE to KULG.

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Event Metadata

Type
Unknown
Location
Delaware (Incorporation)
Significance Score
5/10
Participants
2
Source Documents
1
Extracted
2025-11-20 23:59

Additional Data

Source
HOUSE_OVERSIGHT_024507.jpg
Date String
2005-01-06

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