After bond market shutout, McGraw-Hill turns to private loans

McGraw-Hill Global Education has obtained a payment in kind (PIK) term loan from funds advised by Guggenheim Partners and Ares to help refinance its 2019 PIK toggle notes, five months after it pulled a PIK toggle bond aimed at achieving the same goal.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: