---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-21-016513"
form_type: "8-K"
ticker: "LOPE"
cik: "0001434588"
company_name: "Grand Canyon Education, Inc."
filed_at: "2021-12-03T23:59:59+00:00"
generated_at: "2026-06-28T03:48:01.401851+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Grand Canyon Education receives notice of early repayment of $469.9M secured note from GCU

## Summary
- GCU to repay remaining $469.9M of secured note on or around December 9, 2021.
- Note originally issued July 1, 2018 in connection with GCU's acquisition from the Company.
- Company will release trust obligation from GCU's initial $500M payment on Oct 29, 2021.
- Repayment represents full satisfaction of the secured note.

## SEC filing metadata
- accession: 0001558370-21-016513
- form_type: 8-K
- ticker: LOPE
- cik: 0001434588
- company_name: Grand Canyon Education, Inc.
- filed_at: 2021-12-03T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1434588/000155837021016513/0001558370-21-016513-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1434588/000155837021016513/lope-20211203x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-21-016513
- JSON: https://secwatch.observer/filing/0001558370-21-016513.json
- Plain text: https://secwatch.observer/filing/0001558370-21-016513.txt

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