BEIJING, May 15, 2017 /PRNewswire/ -- TAL Education Group
(NYSE: TAL), a leading K-12 after-school tutoring services provider
in China ("TAL" or the "Company"),
today announced that it has completed its previously announced put
right offer relating to its 2.50% Convertible Senior Notes due 2019
(the "Notes"). The put right offer expired at 5:00 p.m., New York
City time, on Friday, May 12,
2017. Based on information from Citibank, N.A. as the paying
agent for the Notes, no principal amount of the Notes were validly
surrendered and not withdrawn prior to the expiration of the put
right offer. The aggregate purchase price of such Notes was
nil.
Materials filed with the Securities and Exchange Commission (the
"SEC") will be available electronically without charge at the SEC's
website, www.sec.gov. Documents filed with the SEC may also
be obtained without charge at the Company's website,
http://en.100tal.com/investor.
About TAL Education Group
TAL Education Group is a leading K-12 after-school tutoring
services provider in China. The
acronym "TAL" stands for "Tomorrow Advancing Life," which reflects
our vision to promote top learning opportunities for Chinese
students through both high-quality teaching and content, as well as
leading edge application of technology in the education experience.
TAL Education Group offers comprehensive tutoring services to
students from pre-school to the twelfth grade through three
flexible class formats: small classes, personalized premium
services, and online courses. Our tutoring services cover the core
academic subjects in China's
school curriculum including mathematics, English, Chinese, physics,
chemistry, and biology. The Company's learning center network
includes 507 physical learning centers as of February 28, 2017, located in 30 key cities in
China: Beijing, Shanghai, Guangzhou, Shenzhen, Tianjin, Wuhan, Xi'an,
Chengdu, Nanjing, Hangzhou, Taiyuan, Zhengzhou, Chongqing, Suzhou, Shenyang, Jinan, Shijiazhuang, Qingdao, Changsha, Luoyang, Nanchang, Ningbo, Wuxi, Fuzhou, Hefei, Changchun, Guiyang, Xiamen, Lanzhou and Dalian. We also operate www.jzb.com, a
leading online education platform in China. Our ADSs trade on the New York Stock
Exchange under the symbol "TAL." We changed the symbol from "XRS"
to "TAL" effective December 1,
2016.
Investor Relations Contact
Mei Li
Investor Relations
TAL Education Group
Tel: +86 10 5292 6658
Email: ir@100tal.com
Caroline Straathof
IR Inside
Tel: +31 6 5462 4301
Email: info@irinside.com
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SOURCE TAL Education Group