McGraw Hill receives Moody's ratings upgrade
Moody's upgraded its corporate family rating to B1 from B2 and senior secured notes to Ba3, with stable outlook.
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Educational publisher and digital learning company
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In short: McGraw Hill reported strong fiscal 2026 growth, underwent a CEO transition to Philip Moyer, and unveiled plans for an upcoming IPO.
Moody's upgraded its corporate family rating to B1 from B2 and senior secured notes to Ba3, with stable outlook.
Results will be reported before market open, followed by a webcast at 8:30 a.m. ET for investors.
It reports $35.3M GAAP net income, $1,541.0M re-occurring revenue, $744.3M Adjusted EBITDA, and issues FY2027 guidance on 2026-06-11.
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