McGraw Hill pays down $150M term loan; cumulative $539M since July IPO

McGraw Hill, Inc.

$150M prepayment reduces Term Loan outstanding to ~$618M.
Since July 2025 IPO, total principal paydowns of $539M.
CFO Bob Sallmann cites gross debt reduction as top priority.
Expects ~$40M in annualized cash interest savings from deleveraging.
Company targets net leverage ratio of 2-2.5x.

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