---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-22-000332"
form_type: "8-K"
ticker: "CVSA"
cik: "0000730464"
company_name: "Covista Inc."
filed_at: "2022-03-15T23:59:59+00:00"
generated_at: "2026-06-26T22:58:51.111898+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Adtalem offers up to $373.3M for 5.5% notes due 2028; enters $150M ASR with Morgan Stanley

## Summary
- Offer to purchase up to $373.3M of 5.500% Senior Notes due 2028 at 100% of principal plus accrued interest.
- Offer expires April 8, 2022; funded with proceeds from financial services segment divestiture.
- Entered $150M accelerated share repurchase with Morgan Stanley; received initial ~4.7M shares.
- Board also authorized up to $300M open market repurchases over 36 months (previously announced March 1).

## SEC filing metadata
- accession: 0001157523-22-000332
- form_type: 8-K
- ticker: CVSA
- cik: 0000730464
- company_name: Covista Inc.
- filed_at: 2022-03-15T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/730464/000115752322000332/0001157523-22-000332-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/730464/000115752322000332/a52596539.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-22-000332
- JSON: https://secwatch.observer/filing/0001157523-22-000332.json
- Plain text: https://secwatch.observer/filing/0001157523-22-000332.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.