{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-198855","form_type":"8-K","ticker":"MH","cik":"0001951070","company_name":"McGraw Hill, Inc.","filed_at":"2025-09-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.683308+00:00","generated_at":"2026-05-17T07:22:45.730353+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"McGraw Hill reprices term loan, cutting interest rate 50 bps; annual interest savings >$30M","bullets":["Interest rate reduced from Term SOFR+3.25% to Term SOFR+2.75%; possible further 25 bps cut with ratings upgrade.","Loan principal reduced to $771M after $385M prepayment from July 2025 IPO proceeds.","Annualized interest expense savings of over $30 million from prepayment and repricing combined.","No change to maturity date; all other terms substantially unchanged.","CFO Bob Sallmann cites continued balance sheet optimization."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-198855","json":"https://secwatch.observer/filing/0001193125-25-198855.json","markdown":"https://secwatch.observer/filing/0001193125-25-198855.md","text":"https://secwatch.observer/filing/0001193125-25-198855.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1951070/000119312525198855/0001193125-25-198855-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1951070/000119312525198855/d84268d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T07:22:45.730353+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}