secwatch.observer — SEC 8-K summary
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Issuer:     McGraw Hill, Inc. (MH)
CIK:        0001951070
Form:       8-K
Filed at:   2026-09-25T12:30:49+00:00
Accession:  0001193125-26-401663
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

McGraw Hill unit to offer $500M senior secured notes due 2033, refinance term loan and redeem 5.750% notes due 2028
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- McGraw-Hill Education intends to offer $500M aggregate principal of senior secured notes due 2033, guaranteed by parent Mav Intermediate Holding II and certain subsidiaries.
- New first lien senior secured term loan B of $830M due 2033 would refinance the existing term loan; revolver commitments raised to $150M and maturity extended to 2031.
- ABL revolving credit agreement maturity also extended to 2031 as part of the Credit Facilities Refinancing.
- Proceeds will redeem in full the outstanding 5.750% Secured Notes due 2028, with redemption expected October 9, 2026, conditioned on closing the offering.
- Company expects to voluntarily prepay $50M under the existing term loan on or before September 30, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1951070/000119312526401663/0001193125-26-401663-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1951070/000119312526401663/d334490d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-401663

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