DeVry Education Group and its subsidiaries entered into a first amendment to credit agreement dated March 31, 2015.

The administrative provisions of the agreement were amended to increase the letter of credit sublimit to $100 million and reduce the notice requirement for certain borrowing requests from three days to two days.

Bank of America served as administrative agent, swing line lender and letter of credit issuer. Merrill Lynch, Pierce, Fenner & Smith was sole lead arranger and sole bookrunner. PNC Bank was syndication agent. Bank of Montreal and The Northern Trust Company were co-documentation agents.