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S&P Global Ratings upgraded McGraw Hill’s corporate family rating to BB- from B+ on Sept. 18, 2026, and revised the outlook to stable. The senior secured notes rating was raised to BB from BB-, and the senior unsecured notes were lifted to B from B-.
S&P Global Ratings upgraded McGraw Hill, Inc.'s corporate family rating to BB- from B+ and its senior secured notes and senior secured first lien bank credit facility ratings to BB from BB-. The outlook was changed to stable.