McGraw Hill completes $400 million senior secured notes offering in refinancing deal
MH•McGraw Hill completed a private offering of $400 million in 8.000% senior secured notes due 2033. Net proceeds were used to redeem 5.750% secured notes due 2028 and refinance an existing term loan facility.
1. Refinancing notes
McGraw Hill completed the private offering of $400 million in 8.000% senior secured notes due 2033. The proceeds supported a broader refinancing that extended maturities and increased financial flexibility; net proceeds were used to redeem 5.750% secured notes due 2028 and refinance an existing term loan facility.
