💰 Financial Record
paymentTransaction Details
Amount
USD
$50,000,000.0
Payer (From)
Offering Proceeds
Linked to Offering Proceeds
Payee (To)
Agents/Various
Linked to Agents/Various
Description
Estimated fees and expenses, including Fixed Overhead Payment Agreement
Additional Details
Date string:
N/A
Amount string:
50000000
Source document:
HOUSE_OVERSIGHT_024472.jpg
📄 Source Document
HOUSE_OVERSIGHT_024472.jpg
ESTATE Collection
Document Summary
This page is a 'Use of Proceeds' section from a financial offering document related to KUE (likely Knowledge Universe Education). It details the allocation of funds raised, specifically $150 million for debt repayment, $50 million for fees and expenses (referencing a July 1, 2006 Fixed Overhead Payment Agreement), and $7 million for accrued returns on preferred units managed by KUE LLC.
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