Every indexed document

and KLC PropCo leased its owned centers back

the proceeds of which were primarily used to repay the

KLC PropCo entities incurred $650 million of mortgage

KinderCare had approximately $300 million of nonrecourse mortgage debt

KLC acquired KinderCare and incurred $540 million of term debt (the “Acquisition Term

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40 million were occupied by women. Today

which necessitates two full-time wage earners for most families. Of the nearly 65

a desire for financial independence and an elevated standard of

and is projected to reach 26.8 million in 2015

and the U.S. Census Bureau projects the annual number of live births to increase to

when compared with children receiving no or lower quality care.

education is an industry that is of growing importance to the