Attached files
| file | filename |
|---|---|
| 8-K - DEVRY EDUCATION GROUP INC. 8-K - Adtalem Global Education Inc. | a51072578.htm |
| EX-4.3 - EXHIBIT 4.3 - Adtalem Global Education Inc. | a51072578ex4_3.htm |
| EX-4.1 - EXHIBIT 4.1 - Adtalem Global Education Inc. | a51072578ex4_1.htm |
| EX-99.1 - EXHIBIT 99.1 - Adtalem Global Education Inc. | a51072578ex99_1.htm |
Exhibit 4.2
Schedule 1.1A
EXISTING LETTERS OF CREDIT
|
Beneficiary
|
L/C Number
|
Issuance Date
|
Expiry Date
|
Issuer
|
Currency
|
Amount
|
|
SLG TOWER 45 LLC
|
T00000068098966
|
9/19/13
|
11/30/15
|
Bank of America, N.A.
|
USD
|
$90,170.00
|
|
CITY OF SAN JOSE
|
T00000068108966
|
1/16/15
|
6/15/15
|
Bank of America, N.A.
|
USD
|
$25,100.00
|
SCHEDULE 2.1
Commitments and Pro Rata Shares
|
Lender
|
Commitment
|
Pro Rata Share
|
|
Bank of America, N.A.
|
$90,000,000.00
|
22.500000000%
|
|
PNC Bank, National Association
|
$65,000,000.00
|
16.250000000%
|
|
Bank of Montreal
|
$50,000,000.00
|
12.500000000%
|
|
The Northern Trust Company
|
$50,000,000.00
|
12.500000000%
|
|
Citizens Bank, National Association
|
$40,000,000.00
|
10.000000000%
|
|
Associated Bank, N.A.
|
$25,000,000.00
|
6.250000000%
|
|
Fifth Third Bank
|
$25,000,000.00
|
6.250000000%
|
|
HSBC Bank USA, National Association
|
$20,000,000.00
|
5.000000000%
|
|
Lake Forest Bank and Trust Company
|
$20,000,000.00
|
5.000000000%
|
|
Morgan Stanley Bank, N.A.
|
$15,000,000.00
|
3.750000000%
|
|
Total
|
$400,000,000.00
|
100.000000000%
|
SCHEDULE 5.13
SUBSIDIARIES AND OTHER EQUITY INVESTMENTS
Part (a). Subsidiaries
|
I. Subsidiaries
|
|||||
|
Name of Subsidiary
|
Jurisdiction
|
Tax ID. No.
|
Capital Stock
|
Ownership
|
Stockholder
|
|
DeVry University, Inc.
|
Illinois
|
36-2781982
|
1,000 Common Shares
|
100%
|
DeVry Education Group Inc.
|
|
DeVry/New York Inc.
|
Delaware
|
36-4213626
|
1,000 Common Shares
|
100%
|
DeVry Education Group Inc.
|
|
*, ^ DeVry/Becker Educational Development Corp.
|
Delaware
|
36-4085843
|
1,000 Common Shares
|
100%
|
DeVry Education Group Inc.
|
|
Becker Professional Development Corporation
|
Delaware
|
36-4085841
|
1,000 Common Shares
|
100%
|
DeVry Education Group Inc.
|
|
DeVry Medical International, Inc.
|
New York
|
13-3979959
|
1,130,225 Common Shares
40,224.125 Class A Preferred Shares
25,000 Class B Preferred Shares
|
100%
|
DeVry Education Group Inc.
|
|
Chamberlain College of Nursing and Health Sciences, Inc.
|
Delaware
|
20-2452330
|
100 Common Shares
|
100%
|
DeVry Education Group Inc.
|
|
†, *, ^ Heartland Health Sciences University, Inc.
|
Delaware
|
26-3206359
|
1,000 Common Shares
|
100%
|
DeVry Education Group Inc.
|
|
*, ^ Advanced Academics, Inc.
|
Delaware
|
73-1586064
|
1,000 Common Shares
|
100%
|
DeVry Education Group Inc.
|
|
U.S. Education Corporation
|
Delaware
|
33-0819656
|
1,392,107.32 Common Shares
70,653.73139 Class A Preferred Shares
1,000 Class B Preferred Shares
|
100%
|
DeVry Education Group Inc.
|
|
†, *, ^ College Finance Corporation
|
Arizona
|
86-0565147
|
100,000 Common Shares
|
100%
|
DeVry Education Group Inc.
|
|
DeVry Educational Development Corp.
|
Delaware
|
36-4091407
|
1,000 Common Shares
|
100%
|
DeVry University, Inc.
|
|
†, *, ^ DeVry Canada LLC
|
Delaware
|
20-3816567
|
Membership Interests
|
100%
|
DeVry Educational Development Corp.
|
|
Dominica Services Inc.
|
Delaware
|
20-1504255
|
10 Common Shares
|
100%
|
DeVry Medical International, Inc.
|
|
Chamberlain College of Nursing LLC
|
Delaware LLC
|
20-2452410
|
Membership Interest
|
100%
|
Chamberlain College of Nursing and Health Sciences, Inc.
|
|
†, *, ^ Newton Becker Ltd.
|
Hong Kong
|
10,000 Common Shares
|
100%
|
DeVry/Becker Educational Development Corp.
|
|
|
†, *, ^ Becker CPA Review Ltd.
|
Israel
|
120 Common Shares
|
100%
|
DeVry/Becker Educational Development Corp.
|
|
|
Ross University Services, Inc.
|
Delaware
|
13-4151727
|
1,000 Common Shares
|
100%
|
DeVry Medical International, Inc.
|
|
International Education Holdings, Inc.
|
Delaware
|
38-3688428
|
1,010 Common Shares
|
1%
99%
|
DeVry Education Group Inc.
Ross University Services, Inc.
|
|
Integrated Education Solutions LLC
|
Illinois
|
80-0798438
|
Membership Interest
|
100%
|
DeVry Education Group Inc.
|
|
Global Education International, Inc.
|
Barbados
|
98-0544088
|
100 Common Shares
|
100%
|
International Education Holdings, Inc.
|
|
Ross University Management, Inc.
|
St. Lucia
|
98-0404508
|
10,000 Ordinary Shares
|
100%
|
Global Education International, Inc.
|
|
Ross University School of Medicine,
School of Veterinary Medicine Limited |
Dominica
|
13-3037825
|
100 Shares of Voting Stock
|
100%
|
Ross University Management, Inc.
|
|
^ Ross University School of Medicine
School of Veterinary Medicine (St. Kitts) Limited |
St. Kitts
|
98-0559844
|
200 Shares of Voting Stock
|
100%
|
Ross University Management, Inc.
|
|
*, ^ DeVry Medical International (Bahamas) Ltd.
|
Bahamas
|
5,000 Common Shares
|
100%
|
Ross University Management, Inc.
|
|
|
Global Education International B.V.
|
Netherlands
|
8203.98.482
|
18,000 Common Shares
|
100%
|
International Education Holdings, Inc.
|
|
DeVry Educacional do Brasil S/A
|
Brazil
|
03.681.572/0001-71 (CNPJ)
|
21,166,472 Ordinary Shares
741,530 Ordinary Shares
51,728 Ordinary Shares
19,749 Ordinary Shares
|
96.3%
3.7%
|
Global Education International B.V.
Carlos Alberto Guerra Filgueiras, Mauricio Garcia,
Daniel Silva Aguiar
|
|
Academia Baiana de Ensino, Pesquisa e Extensao Ltda.
|
Brazil
|
13.477.369/0001-31 (CNPJ)
|
2,752,997 quotas
2 quotas
|
99.999999%
0.0000001%
|
DeVry Educacional do Brasil S.A.
Carlos Alberto Guerra Filgueiras
|
|
Centro Baiano de Ensino Superior Ltda.
|
Brazil
|
02/250.176/0001-27
|
964,512 quotas
1 quota
|
99.9999%
0.0001%
|
DeVry Educacional do Brasil S.A.
Carlos Alberto Guerra Filgueiras
|
|
Damasio Educacional S/A
|
Brazil
|
07.912.676/00001-099 (CNPJ)
|
1,450,000
|
100%
|
DeVry Educacional do Brasil S.A.
|
|
Faculdade Boa Viagem S/A
|
Brazil
|
11.405.837/0001-37 (CNPJ)
|
11,806,903
|
100%
|
DeVry Educacional do Brasil S.A.
|
|
Instituto de Ensino Superior da Amazonia Ltda
|
Brazil
|
02.153.389/001-30
|
8,640,999 quotas
1 quota
|
99.99999%
0.00001%
|
DeVry Educacional do Brasil S.A.
Carlos Alberto Guerra Filgueiras
|
|
Integral – Grupo de Ensino Superior do Piaui S/C Ltda.
|
Brazil
|
00.854.664/0001-18
|
25,613,462 quotas
1 quota
|
99.999996%
0.000004%
|
DeVry Educacional do Brasil S.A.
Carlos Alberto Guerra Filgueiras
|
|
Sociedade de Educacao do Vale do Ipojuca S/A
|
Brazil
|
02.738.361/0001-65
|
10,300,000 quotas
|
100%
|
DeVry Educacional do Brasil S.A.
|
|
Sociedade Educacional da Paraiba Ltda
|
Brazil
|
12.097.654/0001-64
|
2,079,848 quotas
1 quota
|
99.99996%
0.00004%
|
DeVry Educacional do Brasil S.A.
Carlos Alberto Guerra Filgueiras
|
|
Sociedade Educacional Ideal Ltda.
|
Brazil
|
02.696.435/0001-48
|
1,599,999 quotas
1 quota
|
99.99994%
0.00006%
|
DeVry Educacional do Brasil S.A.
Carlos Alberto Guerra Filgueiras
|
|
†, *, ^ American Institute of Health Technology, Inc.
|
Idaho
|
82-0381820
|
2,000 Common Shares
|
100%
|
U.S. Education Corporation
|
|
EdCOA Inc. d/b/a Carrington College California
|
California
|
94-3166490
|
100,000 Common Shares
|
100%
|
U.S. Education Corporation
|
|
Carrington College, Inc.
|
Arizona
|
86-0498134
|
1,000 Common Shares
|
100%
|
U.S. Education Corporation
|
|
*, ^ Becker Professional Development International Limited
|
UK
|
545,000 Ordinary Shares
55,000 B Shares
|
100%
|
Global Education International B.V.
|
|
|
*, ^ Accountancy Tuition Centre (Hungary) Limited
|
UK and Hungary
|
100 Shares
|
100%
|
Becker Professional Development International Limited
|
|
|
*, ^ Accountancy Tuition Centre (International) Limited
|
UK and Russia
|
3977160 Shares
|
100%
|
Becker Professional Development International Limited
|
|
|
*, ^ Accountancy Tuition Centre (Kazakstan) Limited
|
UK and Kazakstan
|
20,00 Deferred Shares
20,000 Ordinary Shares
|
100%
|
Becker Professional Development International Limited
|
|
*, ^ Accountancy Tuition Centre (Poland) Limited
|
UK and Poland
|
9,000 Shares
|
100%
|
Becker Professional Development International Limited
|
|
|
*, ^ Accountancy Tuition Centre (Ukraine) Limited
|
Ukraine
|
2 Shares
|
100%
|
Becker Professional Development International Limited
|
|
|
†, *, ^ Accounting Tuition Centre, Ukraine
|
UK and
British Virgin Islands |
7400 UAH of Chartered Capital
|
100%
|
Accountancy Tuition Centre (Ukraine) Limited
|
|
|
*, ^ International Accounting Solutions Limited
|
UK
|
100 Shares
|
100%
|
Becker Professional Development International Limited
|
|
|
*, ^ International Financial Reporting Solutions
|
UK
|
100 Shares
|
100%
|
Becker Professional Development International Limited
|
|
|
*, ^ Accountancy Tuition Centre
(Professional Training Club) Limited |
UK
|
100 Shares
|
100%
|
Becker Professional Development International Limited
|
† - Dormant Subsidiary
* - Not required to be a Guarantor
^ - Not required to have equity pledged
Part (b). Other Equity Investments.
None
Part (c). Attached hereto is a true and correct organizational chart showing DeVry Education Group Inc. and its Subsidiaries.
SCHEDULE 7.1
EXISTING LIENS
|
1.
|
Liens pursuant to the capital lease agreements described on Schedule 7.3
|
SCHEDULE 7.3
EXISTING INDEBTEDNESS
|
1.
|
Ross University School of Medicine School of Veterinary Medicine Limited is a party to a capital lease pursuant to agreement dated September 12, 1994 with the Government of the Commonwealth of Dominica for the land and buildings known as the Portsmouth Campus which expires on December 31, 2042. The outstanding amount under such Capital Lease as of March 31, 2011 was $458,925.
|
SCHEDULE 11.2
ADMINISTRATIVE AGENT’S OFFICE,
CERTAIN ADDRESSES FOR NOTICES
LOAN PARTIES:
DeVry Education Group Inc.
3005 Highland Parkway
Downers Grove, IL 60515-5799
Attention: Patrick Unzicker
Tel: (630) 515-4527
Fax: (630) 515-4555
Email: punzicker@devrygroup.com
ADMINISTRATIVE AGENT:
Bank of America, N.A.
Credit Services
Mail Code: TX1-492-14-11
BANK OF AMERICA PLAZA
901 MAIN ST
DALLAS, TX, 75202-3714
Attn: Jacqueline Jones
Phone: 972.338.3765
Fax: 214.290.9439
Electronic Mail: jacqueline.r.jones@baml.com
USD PAYMENT INSTRUCTIONS:
Bank of America, N.A.
ABA 026009593
Acct # 1366212250600
Attn: Credit Services
Ref: DeVry
EUR PAYMENT INSTRUCTIONS:
Bank of America London
IBAN: GB63 BOFA 1650 5096 2720 19
Swift Address: BOFAGB22
Acct #: 96272019
Attn: Grand Cayman Unit #1207
Ref: DeVry
GBP PAYMENT INSTRUCTIONS:
Bank of America London
Sort Code: 165050
IBAN: GB41 BOFA 1650 5096 2720 27
Swift Address: BOFAGB22
Acct #: 96272027
Attn: Grand Cayman Unit #1207
Ref: DeVry
AUSTRALIAN DOLLAR PAYMENT INSTRUCTIONS:
Bank of America Australia Ltd, Sidney
SWIFT: BOFAAUSX
Acct #: 96272016
Attn: Credit Services Grand Cayman Unit 1207
Ref: DeVry
CANADIAN DOLLARS PAYMENT INSTRUCTIONS
Bank of America Canada
SWIFT: BOFACATT
Acct #: 65042228
Attn: Credit Services Grand Cayman Unit 1207
Ref: DeVry
Other Notices as Administrative Agent:
(for financial reporting requirements, bank group communications)
Bank of America, N.A.
Mail Code: CA5-705-04-09
555 California St. 4th Floor
San Francisco, Ca 94104
Attn: Anthea Del Bianco
Phone: 415-436-2776
Fax 415-503-5101
Electronic Mail: anthea.del_bianco@baml.com
L/C ISSUER:
Bank of America, N.A.
Mail Code: PA6-580-02-30
One Fleet Way
Scranton, PA 18507
Phone: 570.496.9619
Fax: 800.755.8740
Electronic Mail: tradeclientserviceteamus@baml.com
SWING LINE LENDER:
Bank of America, N.A.
Credit Services
Mail Code: TX1-492-14-11
BANK OF AMERICA PLAZA
901 MAIN ST
DALLAS, TX, 75202-3714
Attn: Jacqueline Jones
Phone: 972.338.3765
Fax: 214.290.9439
Electronic Mail: jacqueline.r.jones@baml.com
USD
Bank of America, N.A.
ABA 026009593
Acct # 1366212250600
Attn: Credit Services
Ref: DeVry