McGraw Hill, Inc. Announces Proposed Offering of Senior Secured Notes and Refinancing of Credit Facilities

McGraw Hill, Inc. Announces Proposed Offering of Senior Secured Notes and Refinancing of Credit Facilities

McGraw Hill, Inc. (the “Company”) announced today that McGraw-Hill Education, Inc., the Company’s wholly-owned subsidiary (the “Issuer”) intends, subject to market conditions, to offer $500 million in aggregate principal amount of senior secured notes due 2033 (the “Notes”) in a private offering (the “Offering”). The Notes will be guaranteed by the Issuer’s parent, Mav Intermediate Holding II Corporation, and certain of the Issuer’s direct and indirect subsidiaries.