secwatch.observer — SEC 8-K summary
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Issuer:     McGraw Hill, Inc. (MH)
CIK:        0001951070
Form:       8-K
Filed at:   2025-10-16T23:59:59+00:00
Accession:  0001193125-25-241428
Event type: debt
Sentiment:  positive
Materiality: 0.55
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1951070/000119312525241428/0001193125-25-241428-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1951070/000119312525241428/d902013d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-241428

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer