 BEIJING , Aug. 27, 2021 PRNewswire -- TAL Education Group TAL or the Company NYSE: TAL today announced that the Company has entered into definitive agreements with the holders of its existing 0.50 Convertible Senior Notes due 2026 the 2026 Notes to repurchase the 2026 Notes the Repurchases. The aggregate purchase price for the Repurchases will be an amount of cash equal to the sum of i 2.3 billion, the aggregate principal amount of the 2026 Notes, and ii accrued and unpaid interest calculated based on an interest rate of 0.50 per annum. 