{"success":true,"data":{"pressRelease":{"id":"158024","rtpr_id":"nBw2XMTxda-20261001","ticker":"MH","exchange":"NYSE","all_tickers":["MH"],"title":"McGraw Hill, Inc. Announces Further Deleveraging with Additional $50 Million of Debt Reduction","author":"Business Wire","published_at":"2026-10-01T12:00:01.089Z","article_body":"McGraw Hill, Inc. Announces Further Deleveraging with Additional $50 Million\nof Debt Reduction\n\nMcGraw Hill, Inc. (NYSE: MH) (“McGraw Hill” or the “Company”) today\nannounced that it has further strengthened its balance sheet with a $50\nmillion prepayment of principal under its outstanding term loan facility (the\n“Term Loan”).\n\nSince its initial public offering in July of 2025, McGraw Hill has made\nprincipal prepayments under the Term Loan of $659 million. Over the same\ntimeframe, aggregate principal prepayment totals $699 million, including\npaydown of the Term Loan and the Company’s Senior Unsecured Notes due 2029.\n\n“The incremental paydown of our term loan represents another step in our\nongoing effort to reduce leverage,” said Bob Sallmann, McGraw Hill’s\nExecutive Vice President and Chief Financial Officer. “We continue to make\nmeaningful progress in strengthening our balance sheet while maintaining the\nfinancial flexibility to invest in our growth priorities. This paydown\nreinforces our commitment to our 2-2.5x net leverage target.”\n\nAbout McGraw Hill\n\nMcGraw Hill (NYSE: MH) is a leading global provider of education solutions for\npreK-12, higher education and professional learning, supporting the evolving\nneeds of millions of educators and students around the world. We provide\ntrusted, high-quality content and personalized learning experiences that use\ndata, technology and learning science to help students progress towards their\ngoals. Through our commitment to fostering a culture of innovation and\nbelonging, we are dedicated to improving outcomes and access to education for\nall. We have over 30 offices across North America, Asia, Australia, Europe,\nthe Middle East and South America, and make our learning solutions available\nin more than 80 languages. Visit us at mheducation.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.mheducation.com%2F&esheet=54613808&newsitemid=20261001377215&lan=en-US&anchor=mheducation.com&index=1&md5=3e166c53260d7e97a0790abd4fae1b88)\nor find us on Facebook\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.facebook.com%2Fmcgrawhilleducation&esheet=54613808&newsitemid=20261001377215&lan=en-US&anchor=Facebook&index=2&md5=99f6c31effb283aad411332c29f0860e)\n, Instagram\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.instagram.com%2Fmheducation%2F%3Fhl%3Den&esheet=54613808&newsitemid=20261001377215&lan=en-US&anchor=Instagram&index=3&md5=a4cdcb7abb93b9ef0d1961ee59078254)\n, LinkedIn\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fmcgraw-hill-education%2F&esheet=54613808&newsitemid=20261001377215&lan=en-US&anchor=LinkedIn&index=4&md5=be7ea669707908b1f516705c83185dc8)\nor X\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fx.com%2Fmheducation&esheet=54613808&newsitemid=20261001377215&lan=en-US&anchor=X&index=5&md5=997a9ad039b0cebb5bafd90a3487a0c9)\n.\n\nSafe Harbor Statement\n\nThis press release may include statements that are, or may be deemed to be,\n“forward-looking statements” within the meaning of Section 27A of the\nSecurities Act of 1933, as amended (the “Securities Act”), Section 21E of\nthe Securities Exchange Act of 1934, as amended (the “Exchange Act”), and\nthe Private Securities Litigation Reform Act of 1995. These forward-looking\nstatements can be identified by the use of forward-looking terminology,\nincluding terms such as “believes,” “estimates,” “anticipates,”\n“expects,” “projects,” “intends,” “plans,” “may,”\n“will,” “should” or “seeks” or, in each case, their negative or\nother variations or comparable terminology. These forward-looking statements\ninclude all matters that are not historical facts and include, but are not\nlimited to, statements regarding the Company’s intentions, beliefs or\ncurrent expectations concerning, among other matters, the Company’s results\nof operations, financial condition, liquidity, prospects, growth, strategies\nand the industry in which it operates. By their nature, forward-looking\nstatements involve risks and uncertainties, as they relate to events, and\ndepend on circumstances, that may or may not occur in the future. The\nCompany’s expectations, beliefs and projections are expressed in good faith,\nand the Company believes there is a reasonable basis for them; however, the\nCompany cautions readers that forward-looking statements are not guarantees of\nfuture performance and that the Company’s actual results of operations,\nfinancial condition and liquidity, and the developments in the industry in\nwhich the Company operates, may differ materially from those made in, or\nsuggested by, the forward-looking statements contained in this press release.\nThere are a number of risks, uncertainties and other important factors that\ncould cause our actual results to differ materially from the forward-looking\nstatements contained in this press release, including those described under\nthe headings “Risk Factors”, “Management’s Discussion and Analysis of\nFinancial Condition and Results of Operations”, “Business” and\n“Cautionary Note Regarding Forward-Looking Statements” in the Company’s\nAnnual Report on Form 10-K and Quarterly Reports on Form 10-Q, and in other\nfilings made with the U.S. Securities and Exchange Commission. In addition,\neven if our results of operations, financial condition and liquidity and the\ndevelopments in the industry in which we operate are consistent with the\nforward-looking statements contained in this press release, those results or\ndevelopments may not be indicative of results or developments in subsequent\nperiods. Any forward-looking statements that the Company makes in this press\nrelease speak only as of the date of such statement. We undertake no\nobligation to update or revise any forward-looking statements, whether as a\nresult of new information, future developments or otherwise, except as may be\nrequired by any applicable securities law.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20261001377215/en/\n(https://www.businesswire.com/news/home/20261001377215/en/)\n\nInvestor Contact:\n\nDanielle Kloeblen\n\nDanielle.kloeblen@mheducation.com (mailto:Danielle.kloeblen@mheducation.com)\n\nZack Ajzenman\n\nZack.ajzenman@mheducation.com (mailto:Zack.ajzenman@mheducation.com)\n\nLizzie Kenter\n\nLizzie.kenter@mheducation.com (mailto:Lizzie.kenter@mheducation.com)\n\nMedia Contact:\n\nCathy McManus\n\nCathy.mcmanus@mheducation.com (mailto:Cathy.mcmanus@mheducation.com)\n\nTyler Reed\n\nTyler.reed@mheducation.com (mailto:Tyler.reed@mheducation.com)\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw2XMTxda-20261001","title":"McGraw Hill, Inc. Announces Further Deleveraging with Additional $50 Million of Debt Reduction","author":"Business Wire","ticker":"MH","created":"2026-10-01T12:00:01.089Z","tickers":["MH"],"exchange":"NYSE","article_body":"McGraw Hill, Inc. Announces Further Deleveraging with Additional $50 Million\nof Debt Reduction\n\nMcGraw Hill, Inc. (NYSE: MH) (“McGraw Hill” or the “Company”) today\nannounced that it has further strengthened its balance sheet with a $50\nmillion prepayment of principal under its outstanding term loan facility (the\n“Term Loan”).\n\nSince its initial public offering in July of 2025, McGraw Hill has made\nprincipal prepayments under the Term Loan of $659 million. Over the same\ntimeframe, aggregate principal prepayment totals $699 million, including\npaydown of the Term Loan and the Company’s Senior Unsecured Notes due 2029.\n\n“The incremental paydown of our term loan represents another step in our\nongoing effort to reduce leverage,” said Bob Sallmann, McGraw Hill’s\nExecutive Vice President and Chief Financial Officer. “We continue to make\nmeaningful progress in strengthening our balance sheet while maintaining the\nfinancial flexibility to invest in our growth priorities. This paydown\nreinforces our commitment to our 2-2.5x net leverage target.”\n\nAbout McGraw Hill\n\nMcGraw Hill (NYSE: MH) is a leading global provider of education solutions for\npreK-12, higher education and professional learning, supporting the evolving\nneeds of millions of educators and students around the world. We provide\ntrusted, high-quality content and personalized learning experiences that use\ndata, technology and learning science to help students progress towards their\ngoals. Through our commitment to fostering a culture of innovation and\nbelonging, we are dedicated to improving outcomes and access to education for\nall. We have over 30 offices across North America, Asia, Australia, Europe,\nthe Middle East and South America, and make our learning solutions available\nin more than 80 languages. Visit us at mheducation.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.mheducation.com%2F&esheet=54613808&newsitemid=20261001377215&lan=en-US&anchor=mheducation.com&index=1&md5=3e166c53260d7e97a0790abd4fae1b88)\nor find us on Facebook\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.facebook.com%2Fmcgrawhilleducation&esheet=54613808&newsitemid=20261001377215&lan=en-US&anchor=Facebook&index=2&md5=99f6c31effb283aad411332c29f0860e)\n, Instagram\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.instagram.com%2Fmheducation%2F%3Fhl%3Den&esheet=54613808&newsitemid=20261001377215&lan=en-US&anchor=Instagram&index=3&md5=a4cdcb7abb93b9ef0d1961ee59078254)\n, LinkedIn\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fmcgraw-hill-education%2F&esheet=54613808&newsitemid=20261001377215&lan=en-US&anchor=LinkedIn&index=4&md5=be7ea669707908b1f516705c83185dc8)\nor X\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fx.com%2Fmheducation&esheet=54613808&newsitemid=20261001377215&lan=en-US&anchor=X&index=5&md5=997a9ad039b0cebb5bafd90a3487a0c9)\n.\n\nSafe Harbor Statement\n\nThis press release may include statements that are, or may be deemed to be,\n“forward-looking statements” within the meaning of Section 27A of the\nSecurities Act of 1933, as amended (the “Securities Act”), Section 21E of\nthe Securities Exchange Act of 1934, as amended (the “Exchange Act”), and\nthe Private Securities Litigation Reform Act of 1995. These forward-looking\nstatements can be identified by the use of forward-looking terminology,\nincluding terms such as “believes,” “estimates,” “anticipates,”\n“expects,” “projects,” “intends,” “plans,” “may,”\n“will,” “should” or “seeks” or, in each case, their negative or\nother variations or comparable terminology. These forward-looking statements\ninclude all matters that are not historical facts and include, but are not\nlimited to, statements regarding the Company’s intentions, beliefs or\ncurrent expectations concerning, among other matters, the Company’s results\nof operations, financial condition, liquidity, prospects, growth, strategies\nand the industry in which it operates. By their nature, forward-looking\nstatements involve risks and uncertainties, as they relate to events, and\ndepend on circumstances, that may or may not occur in the future. The\nCompany’s expectations, beliefs and projections are expressed in good faith,\nand the Company believes there is a reasonable basis for them; however, the\nCompany cautions readers that forward-looking statements are not guarantees of\nfuture performance and that the Company’s actual results of operations,\nfinancial condition and liquidity, and the developments in the industry in\nwhich the Company operates, may differ materially from those made in, or\nsuggested by, the forward-looking statements contained in this press release.\nThere are a number of risks, uncertainties and other important factors that\ncould cause our actual results to differ materially from the forward-looking\nstatements contained in this press release, including those described under\nthe headings “Risk Factors”, “Management’s Discussion and Analysis of\nFinancial Condition and Results of Operations”, “Business” and\n“Cautionary Note Regarding Forward-Looking Statements” in the Company’s\nAnnual Report on Form 10-K and Quarterly Reports on Form 10-Q, and in other\nfilings made with the U.S. Securities and Exchange Commission. In addition,\neven if our results of operations, financial condition and liquidity and the\ndevelopments in the industry in which we operate are consistent with the\nforward-looking statements contained in this press release, those results or\ndevelopments may not be indicative of results or developments in subsequent\nperiods. Any forward-looking statements that the Company makes in this press\nrelease speak only as of the date of such statement. We undertake no\nobligation to update or revise any forward-looking statements, whether as a\nresult of new information, future developments or otherwise, except as may be\nrequired by any applicable securities law.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20261001377215/en/\n(https://www.businesswire.com/news/home/20261001377215/en/)\n\nInvestor Contact:\n\nDanielle Kloeblen\n\nDanielle.kloeblen@mheducation.com (mailto:Danielle.kloeblen@mheducation.com)\n\nZack Ajzenman\n\nZack.ajzenman@mheducation.com (mailto:Zack.ajzenman@mheducation.com)\n\nLizzie Kenter\n\nLizzie.kenter@mheducation.com (mailto:Lizzie.kenter@mheducation.com)\n\nMedia Contact:\n\nCathy McManus\n\nCathy.mcmanus@mheducation.com (mailto:Cathy.mcmanus@mheducation.com)\n\nTyler Reed\n\nTyler.reed@mheducation.com (mailto:Tyler.reed@mheducation.com)\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-10-01T12:00:01.308026056Z","server_sent_at_ms":1790856001308},"received_at":"2026-10-01T12:00:01.356Z","source_url":"https://www.businesswire.com/news/home/20261001377215/en/"},"analysis":{"id":"146673","press_release_id":"158024","analysis_json":{"industry":{"label":"Education Services","sector":"Communication Services"},"redFlags":[],"eventType":"debt_offering","narrative":"McGraw Hill announced a $50 million prepayment of principal under its term loan facility as part of its ongoing deleveraging effort.\n\nSince its July 2025 IPO, the company has prepaid $659 million of term loan principal and $699 million in aggregate, including paydown of its Senior Unsecured Notes due 2029.\n\nCFO Bob Sallmann reiterated the company's 2-2.5x net leverage target, signaling continued balance-sheet strengthening while preserving flexibility for growth investment.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Steady deleveraging progress post-IPO -- $699M prepaid since July 2025 toward a 2-2.5x leverage target."},"keyFigures":{"customDimensions":{"net_leverage_target":"2-2.5x","term_loan_prepayment":50000000,"term_loan_prepayments_since_ipo":659000000,"total_principal_prepayments_since_ipo":699000000}},"quotedText":"This paydown reinforces our commitment to our 2-2.5x net leverage target.","namedEntities":{"people":[{"name":"Bob Sallmann","role":"Executive Vice President and Chief Financial Officer"}],"products":[],"companies":[{"name":"McGraw Hill, Inc.","ticker":"MH"}],"dollarAmounts":[{"amount":"$50 million","context":"prepayment of principal under term loan facility"},{"amount":"$659 million","context":"term loan principal prepayments since July 2025 IPO"},{"amount":"$699 million","context":"aggregate principal prepayments including Senior Unsecured Notes due 2029"}]},"materialImpact":{"score":2,"reasoning":"A $50M term-loan prepayment is incremental deleveraging news that modestly improves the credit profile, but it is a routine capital-structure update rather than a market-moving event."},"tickerRelevance":{"others":[],"primary":"MH"},"globalImportance":25,"audienceRelevance":25,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"mid-cap","eventGravity":"routine debt prepayment","sectorWeight":"education/content"}},"event_type":"debt_offering","event_type_secondary":null,"sentiment":"bullish","material_impact_score":2,"narrative":"McGraw Hill announced a $50 million prepayment of principal under its term loan facility as part of its ongoing deleveraging effort.\n\nSince its July 2025 IPO, the company has prepaid $659 million of term loan principal and $699 million in aggregate, including paydown of its Senior Unsecured Notes due 2029.\n\nCFO Bob Sallmann reiterated the company's 2-2.5x net leverage target, signaling continued balance-sheet strengthening while preserving flexibility for growth investment.","key_figures":{"customDimensions":{"net_leverage_target":"2-2.5x","term_loan_prepayment":50000000,"term_loan_prepayments_since_ipo":659000000,"total_principal_prepayments_since_ipo":699000000}},"named_entities":{"people":[{"name":"Bob Sallmann","role":"Executive Vice President and Chief Financial Officer"}],"products":[],"companies":[{"name":"McGraw Hill, Inc.","ticker":"MH"}],"dollarAmounts":[{"amount":"$50 million","context":"prepayment of principal under term loan facility"},{"amount":"$659 million","context":"term loan principal prepayments since July 2025 IPO"},{"amount":"$699 million","context":"aggregate principal prepayments including Senior Unsecured Notes due 2029"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-01T12:00:16.893Z","global_importance":25,"audience_relevance":25,"importance_components":{"tickerTier":"mid-cap","eventGravity":"routine debt prepayment","sectorWeight":"education/content"}},"durationMs":6624,"modelName":"glm-5.3-flashx"}}