McGraw Hill prices IPO at $17.00/share; net proceeds $385.7M to repay debt

McGraw Hill, Inc.

IPO of 24.39M shares at $17.00; net proceeds ~$385.7M after discounts and expenses.
Shares begin trading on NYSE under 'MH' on July 24, 2025; closed July 25.
Proceeds used to repay outstanding borrowings under term loan credit facility.
Selling stockholder granted underwriters 30-day over-allotment option for 3.66M additional shares.
Goldman Sachs lead bookrunner; BMO, J.P. Morgan, Macquarie, Morgan Stanley, Deutsche Bank, UBS also bookrunners.

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Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

McGraw Hill, Inc.: Second Amended and Restated Certificate of Incorporation filed and effective July 23, 2025 (effective 2025-07-23).

Change: charter amendment
Effective: 2025-07-23

Exact text from the filing

On July 23, 2025, the Company filed a Second Amended and Restated Certificate of Incorporation (the “Certificate of Incorporation”) with the Secretary of State of the State of Delaware, and the Company’s Amended and Restated Bylaws (the “Bylaws”) became effective on such date.

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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

McGraw Hill, Inc.: Amended and Restated Bylaws became effective July 23, 2025 (effective 2025-07-23).

Change: bylaw amendment
Effective: 2025-07-23

Exact text from the filing

the Company’s Amended and Restated Bylaws (the “Bylaws”) became effective on such date.

View on SEC.gov

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McGraw Hill, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-25-036062

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