Education Management Corporation (NasdaqGS:EDMC) has filed a universal shelf registration statement on Form S-3 for issuances of up to $1 billion of securities such as debt securities, guarantees of debt securities, depositary shares, common and preferred stock, warrants, purchase contracts, or other units consisting of any of the foregoing. The company use the proceeds for general corporate purposes, including, but not limited to, repayment of indebtedness, working capital, capital expenditures, investments in subsidiaries, business acquisitions, and the redemption or retirement of securities.