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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 2, 2025
McGraw Hill, Inc.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
001-42764
(Commission File Number)
87-1259704
(I.R.S. Employer Identification No.)
8787 Orion Place, Columbus, OH 43240
(Address of principal executive offices and zip code)
614-430-4000
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
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Title of each class |
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Trading symbol(s) |
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Name of each exchange on which registered |
Common stock, par value $0.001 |
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MH |
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New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 7.01 |
Regulation FD Disclosure. |
McGraw-Hill Education, Inc., a Delaware corporation (the “Borrower”), an indirect wholly owned subsidiary of McGraw Hill, Inc., a Delaware corporation (the “Company”), intends to amend its existing senior secured first lien term loan facility due 2031 (the “Existing Term Loans”) to, among other items, reprice the Existing Term Loans (the “Repricing Transaction”) through an amendment to that certain credit agreement, dated as of July 30, 2021, by and among MAV Intermediate Holding II Corporation, a Delaware corporation; the Borrower; certain subsidiaries of the Borrower as guarantors from time to time; the lenders and swingline lenders party thereto from time to time; and Bank of America, N.A., as administrative agent and collateral agent (the “Credit Agreement”). The Company and the Borrower expect to have a meeting with the lenders under the Credit Agreement on September 2, 2025 to discuss the Repricing Transaction and furnish the Lender Presentation (as defined below) thereto in connection therewith. The Repricing Transaction is subject to market conditions and may not occur as described or at all.
In connection with the Repricing Transaction, the Borrower is providing today the lenders under the Credit Agreement with a presentation, which is attached to this current report on Form 8-K as Exhibit 99.1 and is incorporated by reference herein (the “Lender Presentation”).
The information in this Item 7.01 and Exhibit 99.1 hereto are furnished solely pursuant to Item 7.01 of this Form 8-K. Consequently, they shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, unless such subsequent filing specifically references this Form 8-K.
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Item 9.01 |
Financial Statements and Exhibits. |
The following exhibits are being filed with this Current Report on Form 8-K:
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99.1 |
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Lender Presentation, dated as of September 2, 2025 |
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104 |
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Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: September 2, 2025
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MCGRAW HILL, INC. |
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By: |
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/s/ David Stafford |
Name: |
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David Stafford |
Title: |
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Executive Vice President, General Counsel and Secretary |
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