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McGraw Hill (NYSE:MH), a global education information solutions provider, has announced the pricing of its Initial Public Offering (IPO). The company is offering 24.39 million shares at $17.00 per share, expecting to raise approximately $385.7 million in net proceeds.
Trading is set to commence on the New York Stock Exchange on July 24, 2025, under the ticker symbol "MH". The company plans to use the proceeds to reduce its term loan credit facility debt. Additionally, underwriters have a 30-day option to purchase up to 3.66 million additional shares to cover potential over-allotments.
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