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AI brief of an SEC Form 8-K · McGraw Hill, Inc. (MH)

McGraw Hill proposes $500 million senior secured notes offering to refinance debt

Neutral Impact 3 of 5 financing Written later

McGraw-Hill Education, a wholly owned subsidiary of McGraw Hill, intends, subject to market conditions, to offer $500 million of senior secured notes due 2033 in a private offering. Proceeds, along with an $830 million term loan B due 2033, would redeem its 5.750% Secured Notes due 2028 and refinance its existing term loan, with the revolving credit facility and ABL revolver maturities extended to 2031. The filing does not state pricing or final terms, and the redemption is conditioned on closing the offering.

Key points

  • $500 million senior secured notes due 2033 offered in a private offering, subject to market conditions
  • New $830 million term loan B due 2033 to refinance the existing term loan; revolving commitments increased to $150 million with maturity extended to 2031
  • Conditional redemption of 5.750% Secured Notes due 2028 expected on October 9, 2026
  • Company expects to voluntarily prepay $50 million under the existing term loan on or before September 30, 2026

The filing

CompanyMcGraw Hill, Inc. (MH)
Form8-K, current report
Filed with the SECSep 25, 2026, 8:30 AM ET
Accession number0001193125-26-401663

Items reported: 7.01 Regulation FD Disclosure8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 25, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.