---
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"
generated_at: "2026-05-17T07:22:45.730353+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# McGraw Hill reprices term loan, cutting interest rate 50 bps; annual interest savings >$30M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-198855
- JSON: https://secwatch.observer/filing/0001193125-25-198855.json
- Plain text: https://secwatch.observer/filing/0001193125-25-198855.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.