{"id":1007409,"date":"2026-10-01T08:06:02","date_gmt":"2026-10-01T12:06:02","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/mcgraw-hill-inc-announces-further-deleveraging-with-additional-50-million-of-debt-reduction-2\/"},"modified":"2026-10-01T08:06:02","modified_gmt":"2026-10-01T12:06:02","slug":"mcgraw-hill-inc-announces-further-deleveraging-with-additional-50-million-of-debt-reduction-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/mcgraw-hill-inc-announces-further-deleveraging-with-additional-50-million-of-debt-reduction-2\/","title":{"rendered":"McGraw Hill, Inc. Announces Further Deleveraging with Additional $50 Million of Debt Reduction"},"content":{"rendered":"

<\/p>\n

McGraw Hill, Inc. Announces Further Deleveraging <\/b>with Additional $50 Million of Debt Reduction<\/b><\/p>\n

COLUMBUS, Ohio–(BUSINESS WIRE<\/a>)–
\nMcGraw Hill, Inc. (NYSE: MH) (\u201cMcGraw Hill\u201d or the \u201cCompany\u201d) today announced that it has further strengthened its balance sheet with a $50 million prepayment of principal under its outstanding term loan facility (the \u201cTerm Loan\u201d).<\/p>\n

\nSince its initial public offering in July of 2025, McGraw Hill has made principal prepayments under the Term Loan of $659 million. Over the same timeframe, aggregate principal prepayment totals $699 million, including paydown of the Term Loan and the Company\u2019s Senior Unsecured Notes due 2029.<\/p>\n

\n\u201cThe incremental paydown of our term loan represents another step in our ongoing effort to reduce leverage,\u201d said Bob Sallmann, McGraw Hill\u2019s Executive Vice President and Chief Financial Officer. \u201cWe continue to make meaningful progress in strengthening our balance sheet while maintaining the financial flexibility to invest in our growth priorities. This paydown reinforces our commitment to our 2-2.5x net leverage target.\u201d<\/p>\n

About McGraw Hill<\/b><\/p>\n

\nMcGraw Hill (NYSE: MH) is a leading global provider of education solutions for preK-12, higher education and professional learning, supporting the evolving needs of millions of educators and students around the world. We provide trusted, high-quality content and personalized learning experiences that use data, technology and learning science to help students progress towards their goals. Through our commitment to fostering a culture of innovation and belonging, we are dedicated to improving outcomes and access to education for all. We have over 30 offices across North America, Asia, Australia, Europe, the Middle East and South America, and make our learning solutions available in more than 80 languages. Visit us at mheducation.com<\/a> or find us on Facebook<\/a>, Instagram<\/a>, LinkedIn<\/a> or X<\/a>.<\/p>\n

Safe Harbor Statement<\/b><\/p>\n

\nThis press release may include statements that are, or may be deemed to be, \u201cforward-looking statements\u201d within the meaning of Section 27A of the Securities Act of 1933, as amended (the \u201cSecurities Act\u201d), Section 21E of the Securities Exchange Act of 1934, as amended (the \u201cExchange Act\u201d), and the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by the use of forward-looking terminology, including terms such as \u201cbelieves,\u201d \u201cestimates,\u201d \u201canticipates,\u201d \u201cexpects,\u201d \u201cprojects,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cshould\u201d or \u201cseeks\u201d or, in each case, their negative or other variations or comparable terminology. These forward-looking statements include all matters that are not historical facts and include, but are not limited to, statements regarding the Company\u2019s intentions, beliefs or current expectations concerning, among other matters, the Company\u2019s results of operations, financial condition, liquidity, prospects, growth, strategies and the industry in which it operates. By their nature, forward-looking statements involve risks and uncertainties, as they relate to events, and depend on circumstances, that may or may not occur in the future. The Company\u2019s expectations, beliefs and projections are expressed in good faith, and the Company believes there is a reasonable basis for them; however, the Company cautions readers that forward-looking statements are not guarantees of future performance and that the Company\u2019s actual results of operations, financial condition and liquidity, and the developments in the industry in which the Company operates, may differ materially from those made in, or suggested by, the forward-looking statements contained in this press release. There are a number of risks, uncertainties and other important factors that could cause our actual results to differ materially from the forward-looking statements contained in this press release, including those described under the headings \u201cRisk Factors\u201d, \u201cManagement\u2019s Discussion and Analysis of Financial Condition and Results of Operations\u201d, \u201cBusiness\u201d and \u201cCautionary Note Regarding Forward-Looking Statements\u201d in the Company\u2019s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, and in other filings made with the U.S. Securities and Exchange Commission. In addition, even if our results of operations, financial condition and liquidity and the developments in the industry in which we operate are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in subsequent periods. Any forward-looking statements that the Company makes in this press release speak only as of the date of such statement. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities law.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20261001377215\/en\/<\/a><\/span><\/p>\n

Investor Contact:<\/b><\/p>\n

\nDanielle Kloeblen
\n
Danielle.kloeblen@mheducation.com<\/a><\/p>\n

\nZack Ajzenman
\n
Zack.ajzenman@mheducation.com<\/a><\/p>\n

\nLizzie Kenter
\n
Lizzie.kenter@mheducation.com<\/a><\/p>\n

Media Contact:<\/b><\/p>\n

\nCathy McManus
\n
Cathy.mcmanus@mheducation.com<\/a><\/p>\n

\nTyler Reed
\n
Tyler.reed@mheducation.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Ohio<\/p>\n

INDUSTRY KEYWORDS:<\/b> Primary\/Secondary Preschool Education Other Education Continuing Training<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

McGraw Hill, Inc. Announces Further Deleveraging with Additional $50 Million of Debt Reduction COLUMBUS, Ohio–(BUSINESS WIRE)– McGraw Hill, Inc. (NYSE: MH) (\u201cMcGraw Hill\u201d or the \u201cCompany\u201d) today announced that it has further strengthened its balance sheet with a $50 million prepayment of principal under its outstanding term loan facility (the \u201cTerm Loan\u201d). Since its initial public offering in July of 2025, McGraw Hill has made principal prepayments under the Term Loan of $659 million. Over the same timeframe, aggregate principal prepayment totals $699 million, including paydown of the Term Loan and the Company\u2019s Senior Unsecured Notes due 2029. \u201cThe incremental paydown of our term loan represents another step in our ongoing effort to reduce leverage,\u201d said Bob Sallmann, McGraw Hill\u2019s … <\/p>\n

Continue reading “McGraw Hill, Inc. Announces Further Deleveraging with Additional $50 Million of Debt Reduction”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1007409","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nMcGraw Hill, Inc. 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(NYSE: MH) (\u201cMcGraw Hill\u201d or the \u201cCompany\u201d) today announced that it has further strengthened its balance sheet with a $50 million prepayment of principal under its outstanding term loan facility (the \u201cTerm Loan\u201d). Since its initial public offering in July of 2025, McGraw Hill has made principal prepayments under the Term Loan of $659 million. Over the same timeframe, aggregate principal prepayment totals $699 million, including paydown of the Term Loan and the Company\u2019s Senior Unsecured Notes due 2029. \u201cThe incremental paydown of our term loan represents another step in our ongoing effort to reduce leverage,\u201d said Bob Sallmann, McGraw Hill\u2019s … Continue reading "McGraw Hill, Inc. 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