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MH announces balance sheet optimization with $150M of debt reduction

by FeeOnlyNews.com
4 months ago
in Business
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MH announces balance sheet optimization with 0M of debt reduction
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McGraw Hill (NYSE:MH) announced on Thursday that it has successfully strengthened its balance sheet with a $150M prepayment of principal under its outstanding term loan facility. 
Following the latest paydown, the company has repaid $539M of term loan principal since its IPO, lowering the outstanding balance to around $618M.

More on McGraw Hill, Inc.



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