{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-241428","form_type":"8-K","ticker":"MH","cik":"0001951070","company_name":"McGraw Hill, Inc.","filed_at":"2025-10-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.134902+00:00","generated_at":"2026-05-17T03:36:03.655305+00:00","sec_items":["7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"McGraw Hill pays down $150M term loan; cumulative $539M since July IPO","bullets":["$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."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-241428","json":"https://secwatch.observer/filing/0001193125-25-241428.json","markdown":"https://secwatch.observer/filing/0001193125-25-241428.md","text":"https://secwatch.observer/filing/0001193125-25-241428.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1951070/000119312525241428/0001193125-25-241428-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1951070/000119312525241428/d902013d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T03:36:03.655305+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"}