💰 Financial Record

payment

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Transaction Details

Amount

USD $200,000,000.0

Payer (From)

KU Education, Inc. Linked to KU Education, Inc.

Payee (To)

KULG Linked to KULG

Transaction Date

January 06, 2005

Description

Promissory note executed in connection with acquisition of KinderCare

Additional Details

Date string: 2005-01-06

Amount string: 200000000

Source document: HOUSE_OVERSIGHT_024507.jpg

📄 Source Document

HOUSE_OVERSIGHT_024507.jpg

ESTATE Collection

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Document Summary

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.

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