McGraw-Hill Education Announces Amendments to Tender Offer for 8.500% / 9.250% Senior PIK Toggle Notes due 2019 and Termination of Related Consent Solicitation
Summary
Subject to the terms and conditions described below, payment of the total consideration or tender offer consideration, as applicable, is expected to occur promptly after the Early Tender Time but prior to the Expiration Date or promptly after the Expiration Date, as applicable.In addition, the Issuers have the right, in their sole discretion, to terminate the tender offer at any time, subject to applicable law.Credit Suisse Securities (USA) LLC will act as Dealer Manager for the tender offer for the Notes.Questions regarding the Issuers tender offer may be directed to Credit Suisse Securities (USA) LLC at (212) 538-2147 or toll free at (800) 820-1653.The statements in this release are not guarantees of future performance, and actual results could differ materially from current expectations.