McGraw Hill prepays $50 million term loan principal
MH•McGraw Hill made a $50 million principal prepayment under its outstanding term loan facility. Since its July 2025 IPO, term loan prepayments total $659 million, while aggregate principal prepayments reached $699 million, including Senior Unsecured Notes due 2029.
1. Debt prepayments
McGraw Hill made a $50 million principal prepayment under its outstanding term loan facility. Term loan principal prepayments since the company’s July 2025 IPO total $659 million; aggregate principal prepayments over the same period reached $699 million, including paydown of Senior Unsecured Notes due 2029.
2. Leverage target
Management reiterated a net leverage target of 2x-2.5x.
