McGraw Hill Launches Transaction to Refinance its Near-Term Debt
NEW YORK, Dec. 15, 2020 /PRNewswire/ -- McGraw Hill today announced that it has entered into a transaction support agreement to address its near-term debt maturities.
- NEW YORK, Dec. 15, 2020 /PRNewswire/ -- McGraw Hill today announced that it has entered into a transaction support agreement to address its near-term debt maturities.
- The contemplated transaction will extend all material debt maturities through late 2024.
- "Following a strong performance in the critically important back-to-school period, we are pleased to announce a comprehensive refinancing that addresses all near-term debt maturities", said Garet Guthrie, Executive Vice President and Chief Financial Officer.
- McGraw Hill is a learning science company that delivers personalized learning experiences that drive results for students, parents, educators and professionals.