New Oriental Education & Technology Group Inc. reports recurring developments in its China private education business, including quarterly financial results, earnings call schedules and operating commentary across educational services and test preparation, overseas study consulting, educational materials and distribution, private label products, and livestreaming e-commerce. News also covers shareholder-return actions such as cash dividends and share repurchase programs.
The company is listed on the NYSE under EDU and on the Hong Kong Stock Exchange under 9901. Its NYSE-listed ADSs each represent ten common shares, and company announcements may include annual general meeting notices, voting results and ADR-related shareholder matters.
New Oriental Education & Technology Group Inc. (NYSE: EDU) has priced its offering of US$300 million in 2.125% notes due 2025. The offering is compliant with Regulation S and will be listed on the Hong Kong Stock Exchange, with net proceeds expected to be about US$297.1 million. The funds will be used for general corporate purposes. Joint bookrunners for the offering are BofA Securities and UBS AG Hong Kong Branch. The notes are not registered under the Securities Act, limiting their sale within the U.S.
New Oriental Education & Technology Group Inc. (NYSE: EDU) has announced a proposed offering of senior notes outside the U.S. under Regulation S of the Securities Act of 1933. The net proceeds will be used for general corporate purposes. Joint bookrunners for the offering include BofA Securities and UBS AG Hong Kong. The notes will not be registered under the Securities Act and cannot be sold in the U.S. without proper registration. The announcement contains forward-looking statements, and actual outcomes may differ due to various risks and uncertainties.